Jim Williams
private refi
15 March 2007 | 11 replies
since lenders don't like too many loans with an investor, and since i plan on buying several hundred over the next few years, i thought it might be easier to go private.i would buy with cash and rehab. afterwards i would refi to pull out investment and some profit, not going over 80%LTV, with new 1st. explain to lien holder that i would be selling doing a wrap to create cash flow. be up front with them.just wondering if this is plausible. i would love to get opinions or any other ideas for accomplishing this.jim
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Money Partners for REO's
18 June 2007 | 4 replies
Hello folksI was wondering how to get money partners to invest in REO's with me.
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Newbie has a Question, Rehab or Rent??
9 March 2007 | 3 replies
Not going to sit on the fence long.To my question.I am wondering if rehabbing is going to see it's down fall soon.
Cheri Douglas
Tax Implications Of Selling A FourPlex
20 December 2008 | 9 replies
[b]We were just wondering if there is any way to avoid or delay (other than a 1031 exchange) a big hit on the capital gains taxes when we sell our 4-plex.
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How can I flip properties with no money down?
17 March 2007 | 4 replies
Its not that I need better financial planning because going to school is a little draining on the cash flow, but I was just wondering so I can start researching creative ways to finance so when I graduate I've already done some research.
Andy M
New Boston/Cambridge investor
18 July 2009 | 15 replies
I would also warn against a 1031 exchange and was wondering, why not live in one unit while you rent out the other units after conversion, then once 2 years is up, sell the unit you have been living in tax free up to 250k if you're single and then either move to the other units or even if you sell them at least you can tax advantage of capital gains since you've held them for more than 1 year.
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Help with financing
14 March 2007 | 3 replies
And since I also work at a restaurant, which most of my wages are under the table and do not appear on any W2, they cant take my word for it.I am wondering if there is any other means of obtaining a loan that will work with me and my current finance situation, without getting to creative.
Tyra General
New Investor: Advice?
13 March 2007 | 0 replies
I am prepared to puchase my first house and am wondering if it makes more sense to make it my primary residence (because of the perks that come along with this), or just do a short sale or wholesale deal for my first property.
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Deal not going to close - Pay the Title Company?
7 February 2019 | 7 replies
The wholesaler has already offered to cover my appraisal.I am also wondering where this property will end up.