Jeffrey Hill
Trying to figure out how to buy a home from a friend with assumable VA loan
13 January 2025 | 5 replies
One said the 2nd mortgage has to be assumable and the other said it did not.VA issued Circular #262417 back in August to try and clear up the issue:Assumability: If the secondary borrowing is not assumable, the holder of the VA guaranteed loan should counsel the assumer that this may restrict their ability to sell the property to another creditworthy assumer through an assumption in the future.The lender currently servicing the loan still can decide whether or not they'll allow the 2nd.You could do seller financing for the gap and then refinance just that amount with a Home Equity Loan or Line of Credit at some point down the road.
Monty Alston
Need creative advice to pull equity out of my home ?
18 January 2025 | 15 replies
You are essentially doing a partial sale of your home.
Tayvion Payton
Investing in MultiFamily
12 January 2025 | 20 replies
You can get a normal owner occupied home loan to do this.
Desiree Rejeili
Home Staging FAQ: What You Need To Know
2 January 2025 | 0 replies
You may have heard that staging your home properly can make a big difference when you sell your house, but what exactly is home staging, and is it really worth your time and effort?
Fidel Mercado Gonzalez
Financing Options for International Investors in Canada: Seeking Insights
22 January 2025 | 5 replies
They also have a home vacancy tax in a lot of areas which applies to short term rentals.
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.
Samuel Kim
Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
but careful planning and documentation are essential""...making sure that your wife understands what she needs to do to document her hours and activities."
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal?
21 January 2025 | 1 reply
What are the homes worth?
Christian Solis
Choosing my business entity
31 January 2025 | 4 replies
Quote from @Christian Solis: What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ?
Joshua Nichols
21 Year Old Flipper
28 January 2025 | 6 replies
I have purchased my first home already!