All Forum Posts by: Arshiya Taami

 I do but the current intrest rate i have it as is 3 percent. would a bridge loan or seller financing work to meet the down payment?

 Im bringing 400k myself 

the purchase price is 10 million 

its an assisted living facility 

I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance!

what the title says. 

Hello everyone,

I’m reaching out to this forum because I’m looking for the right financial partner to join me in scaling a proven and successful business in the real estate rental industry.

For the past 7 years, I’ve been actively involved in the home rental market. My journey began with smaller properties, and over time, I’ve successfully grown my portfolio to include an apartment complex and several multi-family homes. These properties are fully operational, generating steady cash flow, and managed efficiently to maximize returns while maintaining tenant satisfaction.

Now, I’m ready to take the next step: scaling the business to acquire larger complexes, expand into new markets, and diversify the portfolio further.

I was reading online and saw that FHA Loans accept auctioned homes but that got me thinking.

How can I get an FHA Loan for an auctioned home when FHA Loan requires an inspector to come check out the building and auctioned homes generally don't allow for people to inspect the house until after purchase?

would an alternative route be getting a limited FHA 203(k) Loan to purchase an auctioned home or does FHA 203(k) require an inspector first as well?

hypothetically speaking, If I saw a distressed property and I contacted the owner and he is willing to sell me the house for X amount. What is my next step (what contracts etc do I need) without involving realtors so I don't have to pay extra fees to this and that person? Also, I've heard people do seller financing, "subject to" financing what does it mean? What is the best type of financing in that situation? 

 Hello Jason thank you for your response! If I were to tell no loan officer about renting every room out and living there part time do you think there would be any way they can find out and screw me over? because my name is going to be on the primary residence the whole time so I dont really see how they will find out unless theres other ways. 

I've been living with my parents and I am planning on getting an FHA Loan to purchase my first home. I want to house hack and rent all of the rooms out (since with an FHA Loan I have to be a primary resident I cannot rent the whole house out). But I don't want to be living with strangers, I was thinking if I make my own room(something small like in the garage). and only sleep/be at the house half of the time will I still be considered a primary resident and will that be okay with FHA guidelines as long as I don't tell them?