All Forum Posts by: Anthony LaGuardia

@Mohammad Haidarasl if you find that “indirectly” does not apply to a partner holding the loan in his/her name, you can go network with people who would like to partner. If that still counts as dealing with interest, again, network for those who just want to buy in for equity. Make sure this partner can pay cash for the property (I would try and find a multi unit that needs a little TLC) and structure the deal as you will maintain, renovate, and manage the property while your partner buys in for equity alone. Good luck!!!!

Ever Since I got started investing in realestate I have been able to secure owner occupied financing which kept my down payment low which has been ideal. I have found properties that cash flow amazingly with only 3.5 to 5 percent down as I BRRR them (minus the refinance). My fiancé has been wanting to move into our own house next so my question is: Is there any way to secure financing on an “investment rental property” where I will not need 20 to 25% down plus closing?

Hello, 1. I am just starting to expand on my portfolio of income properties. Does anyone have links to (free) great ROI formulas, excel spreadsheets, or calculation sites? 2. Also. If I'm financing through a bank. What is a good and great % return on my money? 3.Lastly, what are some big red flags (ones other than the obvious like water Dana he) I should keep an eye out for as I tour each prospective property. Thank you for the help in advance! Anthony LaGuardia

Hello, 1. I am just starting to expand on my portfolio of income properties. Does anyone have links to (free) great ROI formulas, excel spreadsheets, or calculation sites? 2. Also. If I'm financing through a bank. What is a good and great % return on my money? 3.Lastly, what are some big red flags (ones other than the obvious like water Dana he) I should keep an eye out for as I tour each prospective property. Thank you for the help in advance! Anthony LaGuardia

Justin Tahilramani thank you for the advice! I didn't even think of insurance. Every time we talk about it they're pretty vague saying that their passively looking but not aggressively.

I just bought a duplex a couple of months ago where both units were occupied by friends of the seller. Neither had written leases and I was told that they are on month to month verbal leases. The people are older and have been there for 3 years with no issue. I moved in upstairs and started renovations. My problem here is that the people down stairs have mentioned leaving because the stairs are becoming to much for them to handle. I'm nervous that if I issue a lease for them to sign it will make them want to leave even sooner and all of my money is tied up in my renovation of the upstairs. If the unit down stairs turns over I will need to put thousands into it to make it rentable to the market I am trying to appeal to. Given the risk of pushing them out he door what should I do? Anthony

Greg S. I have seen leases that have a clause in them where tenants will have to pay X amount of dollars to break the lease. Are there ways they can get out of paying these fees? If not, wouldn't it still be beneficial (outside of losing console control) to lock them into a term lease where you will get paid to turn the property/unit over.