
5 January 2025 | 4 replies
Revisiting self financing.1.

4 January 2025 | 9 replies
Creative financing options like seller financing and partnerships can help build a successful portfolio.Good luck!

30 December 2024 | 103 replies
After not financing anything since 2-3% interest, going to finance more4.

6 January 2025 | 9 replies
If it does go to probate, hopefully your brothers and you can amicably go the informal route vs formal (I've worked with families in both when buying properties out of probate and informal is FAR easier).Since there's no debt on the house, maybe you could sell with financing or maybe you could even buy out your brothers with financing -- that way you maintain ownership and just pay them a monthly amount.

6 January 2025 | 10 replies
Expect rates to be higher than "typical" financing programs - right now, I'd plan for at least 8%+ depending on the whole scenario.

3 January 2025 | 12 replies
.), I'd recommend that the residential units fully cash flow the loan as my experience is that mixed use properties are tougher to finance as most lenders tend to prefer one or the other and something in the middle gets more difficult.For example, and granted I don't know anything about the area/neighborhood, I would expect this property (https://www.realtor.com/realestateandhomes-detail/111-NW-Har...) to be easier to finance than the mixed-use property you mentioned.

6 January 2025 | 5 replies
Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged by the ADU (HELOC, cash out refi, etc).

7 January 2025 | 7 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.

5 January 2025 | 0 replies
Realtor and yes How did you finance this deal?

7 January 2025 | 12 replies
@Joshua Piche with little experience, it's better that you invest locally vs OOS - unless you want to invest a LOT of time learning another market and networking with th right people.Locally, look for a 2-4 unit property that will qualify for FHA 203(k) financing. - This will allow low down payment and the 203(k) allows repairs to be financed into the purchase mortgage.- The 203(k) will allow you to bid on properties that need repairs that won't qualify for a traditional mortgage => less competition => better purchase price.You will need to find a great local contractor you can trust to supply the required bids to qualify for the 203(k).- After closing, you can do some of the work yourself to save money, but the program doesn't allow you to pay yourself.You will want to buy a Class B property, maybe Class C+, in an area that seems to be improving.