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Results (10,000+)
Drew Slew Seller financing fort lauderdale interest only
11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont? 
Polat Caglayan how much money
5 February 2025 | 5 replies
What condition in the house in?
Katryna Wood Where to find a private lender for a primary residence?
18 February 2025 | 17 replies
It is in livable condition but needs cosmetic repairs.We are currently paying $1600 on a $220k mortgage and we want to sell and move to this home, but we would only net about $7-10k on the sale of our home. 
Mike Reynolds Solo K financing question
1 February 2025 | 15 replies
Hindsight and a few decades of experience has taught me that with a good lawyer I would have been in the clear completely.
Gerhard Listander Bank Account Problem
5 February 2025 | 6 replies
@Daniel HymanThanks for the idea but another problem I have with using the government internet is a lot of things on websites don't work because of the firewall and network settings so when I try to apply for the account it just doesn't go to anything.I think if you open another account and keep the funds separate you should be ok, but I'm no lawyer
Sophia K. Keeping or Selling Rentals
22 February 2025 | 2 replies
Refinance – property A loan is assumable, “under certain conditions” (verbatim from the clause).
Dallin Blank New to DFW market
20 February 2025 | 7 replies
Stick to areas with better soil conditions like Frisco, McKinney, and Rockwall, and network with local investors to learn from their experiences.
Donald Hatter Creating an LLC (to do or not do)
27 January 2025 | 1 reply
I've heard lawyers argue that it does.  
Robin West STR - 120 day max restriction
30 January 2025 | 2 replies
From my understanding (not a lawyer), that ordinance has been lifted and there is not limit anymore.
Nate Shields **The Realities of House Hacking: What You Need to Know**
19 February 2025 | 11 replies
Market Conditions Aren’t Always in Your FavorHouse hackers often assume their property will appreciate and rents will rise, but that’s not always guaranteed.