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Results (5,448+)
Elenis Camargo Purchase 4-plex as a co-borrower with my brother and FHA loan
4 September 2018 | 4 replies
My husband and I are wanting to get a multi-family and are thinking a great way to get my brother involved is the following:My brother would get an FHA loan for a triplex or 4-plex in FloridaI would put the 3.5% down payment as a co-borrowerMy brother and his fiancé would live in one of the units for a few years rent free so they can save money for a houseMy brother would manage the property by showing units, cleaning them when someone moves out, and as much maintenance as he can handle on his ownI would handle the finances paying the mortgage using the cash flow and keep the profits since my brother is living rent freeMy brother would move out eventually (2 or 3 years later) and we would refinance into a regular mortgage so that he can get another FHA loanWe would begin splitting all profits 50/50 once he moves outMy question is, has anyone reading this done this before?
Sam T. New guy from Lawrenceville, GA (metro Atlanta)
24 May 2018 | 5 replies
I am a Realtor and a co-owner of a real estate investing company.
Ross V. When to establish an LLC or Scorp
24 October 2016 | 6 replies
They will probably flinch if a co is buying their house.  
Zachary Gwin FHA Partnership ???
15 June 2016 | 1 reply
The numbers are great, location is spot on, and the home is exactly what I've been wanting and searching for.I have potential partners, but NEED to know if I can still apply for an FHA 203K loan with a co-signer.
David N. Newbie trying to do things right
7 September 2012 | 3 replies
Even after buying my house, I continued looking at MLS both for the "dream house" and for "project houses" to rehab and sell or rent.It wasn't until a co-worker of mine started talking about rehabbing houses that I began taking a serious look at whether this was a worthwhile venture for me and my family.
Darryl Salley Just Graduated Looking To Dive into REI
19 September 2012 | 3 replies
A co worker here introduced me to the whole selling game a couple weeks ago, There is a lot of money to be made in this field, i started by driving around neighborhoods looking for distressed properties.With my mother most likely being one of my first investors I could use the whole selling tactics to find great deals send them to my mother and help her with the rehabbing thus getting my foot in the rehab side of real estate.Any advice is greatly appreciated, and if there's anyone in the DC/MD/VA area i am always looking to network, I dont know much so it would be a great help learning from someone who's already in the position i want to be in.Thank you
Ted Harris Co-ops ....your experience?
25 September 2009 | 3 replies
There are many co-ops in NYC and I've heard plenty of stories about a co-op board rejecting a buyer because they thought they wouldn't be a "good fit" for the building.. these were celebrities usually who the board thought would be partying to much probably but basically any excuse will do other then race, sex etc...
M F Trying to buy CitiFinancial 2nd that was wiped by fc
12 March 2008 | 3 replies
Along with a co biography or summary of completed transactions and such.
Ken Rimney New Albertan here...
24 May 2008 | 3 replies
A co-worker of mine has been to Nicaragua before(as well as a number of other Caribbean countries) and feels it will only be a matter of time before it follows Costa rica and booms.
Henrietta M. Sellers' mother died leaving home in her name only... options?
6 October 2015 | 8 replies
Even if it were the case, the arrearages must be paid if it's a curable breach.By not being a co-borrower, the successor may have averted the default being noted on her credit as a derog, perhaps compensating for the hassle of reinstating.