Jacqueline Wright
Ready to Dive into My First REI Purchase—Auction Property with Hard Money or DSCR? An
23 January 2025 | 3 replies
The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?
Panos Coufos
HELOC to Fund Downpayment on Next House Hack?
23 January 2025 | 1 reply
Having a real estate license, I would credit the commission payed out I would receive for being my own agent towards closing costs for the new property.
Jason Hatfield
Buying a house at auction
29 January 2025 | 9 replies
Do they require payment on site or do they give you a certain number of days to close the transaction?
Adam Mayberry
AHJ are closed for the week, Ask me Anything about ADUs and SB9
26 December 2024 | 13 replies
I'm an Architect and MRED Grad and have entitled and permitted over 200 units across Bay Area and Norther California, ask me anything about SB9 or ADU design / permitting
Gamal Harding
Columbus Lands Another Large Tech Firm! 4000 Plus Jobs Coming
18 January 2025 | 7 replies
Property investors can anticipate appreciating property values and heightened demand in residential markets close to the new facility.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
If anyone has an end lender that has successfully closed a handful occupied padsplit loans and can underwrite based off actual padsplit rents I would really appreciate an intro.
Brandon Patrick
Real estate agents in Phoenix
20 January 2025 | 1 reply
Cash deal, no inspection 10 day closing.
Dziko Thunde
Investors edge 100% Financing
16 January 2025 | 5 replies
Lenders get paid to get you to the closing table, not to try.
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
30 January 2025 | 26 replies
Though, my main goal is to be break-even or close to it in cash flow once a property manager steps in to take over.