Eugene C.
My first investment
8 July 2015 | 5 replies
I must note at this point that I was ultimately forced to put down a 25% deposit, due to being married to a non-SA citizen - the lender insisted on this due to some rather restrictive immigration laws in SA.
Eugene C.
Writing a financing proposal for lenders
7 October 2020 | 17 replies
I will however also be talking to a portfolio lender and last time I spoke to them they wanted a tonne of information, so I reckoned I'd put together a proposal that would answer all their questions.It may sound strange that I'd be talking to a portfolio lender for only my second purchase, but I have a few unique circumstances that make me a little less loved by the major banks - I'm a South African working outside the country and married to a non-South African citizen...probably more than anyone would care to know about me, but I thought I'd clear that up before I get questioned.Anyway, thanks again for the input, I will go with Ken's advice and write something up.
Ashley Turner
I’d love to hear how you got where you are today!
19 September 2023 | 7 replies
I was newly married and kind of felt like a loser.
Cassandra Brown
Properties listed for a 1031 exchange
2 October 2023 | 9 replies
Imagine you buy your married children’s property for $900k that they paid $400k for and it’s only worth $600k.
Richard S. Shehan
Title Insurance Concerns
16 October 2023 | 8 replies
The interloper turned out to be the mother of the decedent who claimed her son and the seller had been "married" by her brother, the husband's uncle, who was a "minister" but not authorized under Florida law to conduct weddings.
Michael Geary
Need advice for purchasing first property
17 October 2023 | 13 replies
Date the rate marry the property, you'll have the opportunity to refinance in a few years.
John Mainwaring
Rural co-living/small town co-working
9 December 2021 | 12 replies
When these young people get married and have kids, will they still want to live in a city that sis becoming more dangerous, more dirty, with housing that is more rundown, with fewer new apartments being built?
Taylor Davidson
Ways to get creative with loans/purchasing when in a "saving" phase.
16 October 2023 | 2 replies
My interest rate for this current property is too low to refinance and pull out money and it will take me a solid year with my current financial situation to save upwards of 10k or more (I am getting married next year which is a key factor in not being able to save more than I would like to towards real estate).
John Hopf
Tax implications on Spec Home
19 December 2020 | 6 replies
(ordinary income or capital gains)5) To eliminate $500k (married couple) of Capital gains, does the 2 or 5 years start once the house is completed or once I purchase the land?
Melanie Johnson
Pay off all Credit Card Debt Before First REI Deal?
21 September 2021 | 92 replies
Because we can't put our heads together to decided whether or not to pay off our credit card debt, first.When I was married to my 2nd wife, I went to a shrink with her no less than 2 times every week for every 18 years.