Mitul Gandhi
Need help with assumable loan deal
29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.
Eileen A.
Should I sell or rent out single family home?
28 May 2024 | 7 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
Ross Smith
Anyone used Curbio to flip?!
29 May 2024 | 30 replies
Every person I can steer away from Curbio will truly feel like a good deed.
Claudia Becerra
Do you recommend Foremost insurance?
29 May 2024 | 10 replies
That may change at some point, but I have a feeling that will stick for a year or 2.
Krishn JAISWAL
New Investor from Albuquerque, NM
27 May 2024 | 32 replies
Seller financing seems like a great strategy if you can keep the bureaucrats happy.
Quincy Jones
Can’t seem to find financing as new investor.
28 May 2024 | 28 replies
try to invest in another state like Louisiana, where market is way cheaper than Milwaukee. contact me I will be happy to help. 318 5185285
Nicholas Lovric
Need AI program for local rents In area
28 May 2024 | 5 replies
Good luck & happy investing!
James Oklahoma
Trying to get into wholesale real estate
29 May 2024 | 1 reply
I wouldn’t want to lie and I have a feeling this could be illegal if wholesale their property without them knowing
Harshraj Thakor
What's the best software/way to collect rent for house hacking?
29 May 2024 | 15 replies
And if you have any suggestions/advice for someone who's just getting into house hacking please feel free to put them down.
Rodeana Reynolds
20 years strong in San Antonio area...
28 May 2024 | 4 replies
Good luck & happy investing!