Purchased a cute little A frame home on Crescent Lake.

The example scenario would be if I bought a $1M property, the bank is in first position and covers 800k of the property cost, the seller agrees to cover cost of down payment and covers 200k of the property cost.Let's say we can no longer make payments on the property and it's foreclosed on.

Storage facilities, especially, can be a great way to diversify your portfolio without requiring too much hands-on management a good fit given your demanding career.Feel free to reach out if you need insights on financing options for these ventures or any advice on getting started.

@Mark Miles, thanks for the info on southern vs northern investment.

Working on getting more creative now as well.

I've enjoyed learning about various capital raisers and their businesses and interested to hear some reviews on this company.

Any recommendations on mortgage lenders for an LLC?

Hello Community--As we roll towards the end of 2024, I would love your insight on the coming Spring market. 

Hi everyone!I am a newbie investor. I was looking to rent out my current home and purchase a new property out of state. I need financing for my new home, and one of the conditions is I need to find a tenant that will ...

This comes with some other ramifications around legal liability and the ability to get a mortgage on the property.The other way to fix this is to create an LLC now, and both you and your MIL contribute the current properties into the LLC, then the LLC 1031 exchanges the old properties into the new property.