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9 June 2024 | 6 replies
We would both be on the loan.
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9 June 2024 | 2 replies
Is it possible for a private investor[non hard money lenders] to pay down your loan and secure a lien and for you to pay them back, and if so where do you find investors that would?
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9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.
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10 June 2024 | 11 replies
Any house in Santa Fe priced under 450k will go under contract in a few days, the 600+ price range finally has some room for negotiating with the market changes.
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9 June 2024 | 4 replies
I was able to do a DSCR loan and re-coop my entire investment.What made you interested in investing in this type of deal?
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10 June 2024 | 5 replies
While I've typically focused on single-family homes, my journey into real estate began with buying my first house using a VA loan and house hacking it, then acquiring additional properties from there.
9 June 2024 | 7 replies
His name is on the construction loan and it is secured as well as the cash to purchase the property came from a heloc from his personal residence.
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8 June 2024 | 22 replies
The guy said the paperwork is finally complete, and I have to send in the $400 for the final state paperwork.
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6 June 2024 | 7 replies
Just found out that assumable loans are a thing for VA loans.
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12 June 2024 | 57 replies
Like when inputting lease amendment/rent increase, I need to change the item list amount in QB, then memorize the transaction for the following months in QB, then change the excel rent roll, then change the excel lease anniversary list, and finally put a reminder in my calendar a month and some change before the Lease Expires.