Ralph Ace
Down payment with Heloc
6 January 2025 | 2 replies
I want to purchase an investment condo for $150,000.I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.Can I get a 30 year fixed conventional loan for $100,000 and use $50,000 for down payment from heloc?
Clarissa Zimmermann
Forms of rent payment
2 January 2025 | 1 reply
We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.
Kyle Deboer
Raising Down Payment Money
14 January 2025 | 22 replies
Who's asking for the down payment?
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
This may sound harsh, but I would actually put this on the tenant to get his rent payment back.
Tyler Speelman
Exploring Creative Solutions for Down Payment and Tax Avoidance
12 January 2025 | 13 replies
@Tyler Speelman Your strategy to assist your sibling with a down payment while minimizing tax liability is creative but comes with complexities.
Kelechi Okoro
DSCR Lender that accepts 3rd party down payment deposits
14 January 2025 | 3 replies
I am looking for a dscr lender that will accept crypto or DSCR lenders that will allow me to use a 3rd party deposit for my down payment.
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
This would need to be structured that if your rent is at or below your mortgage payment, the portion of the mortgage payment going towards principal is more than all other expenses (and hopefully more than budgeted capex).
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
Assume you will be making payments in it.
Henry Farias
Got Land and want to use it as down payment.
12 January 2025 | 0 replies
Now that I am in position, I would like to place a mobile home to generate some passive income, but I don't want to use my savings for the down payment.