Paul Novak
Small & Mighty Real Estate Investing
21 January 2025 | 14 replies
That can be accomplished a number of ways.
Victor Yang
if i gift a house, is the cost basis what i purchased it for or the FMV?
23 January 2025 | 7 replies
Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?
Chaliyah Penick
Taking over a mortgage for a relative in distress.
2 January 2025 | 6 replies
What are the steps to getting this accomplished?
George Palacio
Advice for a first time home buyer looking to purchase Multi-Family
17 January 2025 | 2 replies
My goal is to purchase my first property between now and mid to late 2025.
Julio Gonzalez
5 Tips to Kickoff 2025 Successfully
7 January 2025 | 0 replies
Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?
Devin James
Looking back at my 2019 Goals
2 January 2025 | 0 replies
2019 Goals: My last year in College- $10K in savings (Not Accomplished)- All A's (Not Accomplished)- Church every Sunday (Not Accomplished)- Read Bible every morning (Not Accomplished)- Read 20 minutes every day (Accomplished)- Go to Chilis 11 times only (Accomplished.
Isaac Watson
Top Tips For Purchasing Small Multi-Family Through Creative Financing
12 January 2025 | 3 replies
Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
But, know what you want to accomplish beforehand.Creative Finance is a great way to buy properties when done properly and lawfully.
Pete Resendez
A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
@Pete Resendez What are you trying to accomplish?
Diandre Pierce
DSCR lending expert
20 January 2025 | 23 replies
I can help with the refinance to pull equity out, but no the purchase, as 99% of the industry won't finance mobile homes.