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24 January 2025 | 2 replies
How did you finance this deal?
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30 January 2025 | 11 replies
It's a love hate for sure lol.I host a monthly meetup focusing on finance and real estate investing.
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20 February 2025 | 51 replies
I see it promoted by gurus that they'll pay 110%+ of FMV if they get the financing in place and no balloon.
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21 January 2025 | 5 replies
I currently own a 3-unit multifamily property, and I’m actively looking to expand my portfolio while building meaningful connections with like-minded investors in CT.I’m particularly interested in:Wholesalers: If you’ve got off-market deals, I’d love to hear from you.Creative Financing Opportunities: Subject-to deals and seller financing are right up my alley.Networking and Partnerships: I’m eager to collaborate with other investors who share a passion for creative deal-making and scaling our businesses together.Whether you’re an experienced investor, just starting out, or anywhere in between, let’s connect!
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16 January 2025 | 5 replies
Mortgage lenders will qualify you for a higher purchase amount for multis than they would on a single, because they will count the rent you will be making on the other units as additional qualifying income for your loan application.
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21 January 2025 | 11 replies
Need so much more info to actually be able to shop rates :) No points, 110k, SFR, regular purchase financing, the house is worth around 140k.
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26 January 2025 | 3 replies
. #3 - Have finances in order (i.e) is this going to be bought through conventional, cash, HML, etc.
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26 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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25 January 2025 | 24 replies
He will be taking out the loan, and I will be financing it.
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27 January 2025 | 35 replies
Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing.