All Forum Posts by: Anthony Zotto

I was just wondering everyone's thoughts on how the outcome of the election will impact small multifamily real estate?

Thanks!

AZ

Hello BP!

I have recently come across two separate deals, where the owner does not live in the house, but will not sell because the properties have sentimental value to them. Has anyone had experience with this and/or have any ideas on how to create a win-win situation? Thanks!

AZ

Hello! Quick Question!

I am in the middle of getting a loan with a small credit union in my area, and recently rates dropped and I asked my lender what the rate was now and he said it was the same for my deal. Does this sound right? Thanks!

AZ

Hello! I am running some numbers on potentially cash-out refinancing a rental house. Is the rate usually the same as an investment property loan? Or is it higher? 

Thanks!

AZ

@John Underwood Thanks John! 

Hello BP!

I currently collect rents in paper checks/Venmo but I am looking to place all tenants in the same place. What site/apps you guys found that works best? Thanks!

Hello BP!

I was wondering how using a HELOC for a down payment on an investment property loan worked? Do I have to take the HELOC money and put it into my saving for seasoning? Or am I able to just pull from the HELOC for the certified check as closing. Thanks for reading and any feedback is greatly appreciated. Thanks!

Anthony Zotto

 Great! Thank you Eliott!

Hello BP!

I have a few friends and family what I have known my entire life that are interested in investing with me. I would like to give them a % return on their investment vs giving up equity. The investors would fund part of the down payment. Do I have my lawyer draw up a note? Do I just deposit the money into my savings and let it season? Any input that anyone has would be greatly appreciated and thank you for taking the time to read. Thanks!

Anthony Zotto

Great thanks! Same thing goes if they are funding the down payment?