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16 January 2025 | 3 replies
FHA loans can be a good option here, allowing you to put down a lower down payment.## NetworkingNetworking is key in real estate investing.
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9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
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12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
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14 January 2025 | 5 replies
Hi,I have 200k saved for an investment property, and my wife makes 450k a year in business income from her s corp small business.What are some of the best options for my situation?
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10 January 2025 | 2 replies
I’ve worked with a few tools for property intel, and while no service is 100% accurate, some options have stood out for specific use cases:BatchLeads: They offer a solid skip-tracing tool with good accuracy and detailed reports.
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17 January 2025 | 7 replies
You can simply list it as a $300k sale and list Seller Finance as one of the financing options in the MLS.
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15 January 2025 | 9 replies
If you cannot live in one then talking to a lender would be good for other options.
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14 January 2025 | 6 replies
Reach out to a loan broker with your exact info and the exact or at least type of property you want to buy and they should have options and opinions.
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13 January 2025 | 5 replies
I have a few properties and am also a mortgage broker, happy to answer any questions about general investing or financing options.
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11 January 2025 | 7 replies
My agent is saying that we are unable to split the contract that way (or reduce the purchase price), so I'm trying to figure out options.