Darian Richardson
Second Deal financing for Multi-Family
13 September 2017 | 11 replies
I used a FHA loan with a 3.5% down payment, from my understanding I can only have one FHA loan until the other is paid off.
Scott Shold
Illinois homestead exemptions for rental by family members?
11 September 2017 | 2 replies
From what I can read in the tax code it seems possible with the homestead exemption here:This annual exemption is available for “residential property that is occupied by its owner or owners as his or their principal dwelling place, or that is a leasehold interest on which a single family residence is situated, which is occupied as a residence by a person who has an ownership interest therein, legal or equitable or as a lessee, and on which the person is liable for the payment of property taxes
Steve Kozmeniuk
New and need help!!!
19 September 2017 | 12 replies
You will still need anywhere from 20-30% to get into any Canadian deal if you do not have the down payment nobody will give you anything..
Eric Knight
Need advice on buying a home
17 September 2017 | 3 replies
I am about to be a first time buyer, don't have the money for a down payment but I have very good credit and the bank has agreed to finance me 100%.
Trevor Lohman
Water and Sewer Ballpark
11 September 2017 | 18 replies
If the water gets shut off due to non-payment they will not turn it back on until it is paid by the owner of the property & per the landlord tenant law you have to have water or you are not keeping it.
Ralph E.
How to find info to duplicate Mitch Stephen's type of investing?
27 September 2017 | 3 replies
He uses OPM to buy houses (Non-recourse, property as collateral, 8% interest only payments, amortized over 30 years, 5 year balloon.
Shequila Hamilton
FHA Loan Process/Steps. Where to begin?
12 September 2017 | 2 replies
Hello,I've been saving all year for a down payment and have been working to building my credit.
Will Maxwell
First time flip and getting cold feet
2 October 2017 | 12 replies
Every state has rules regarding payment of properties sold at auction.
Shane Humes
Money down kills Cash on Cash return
16 September 2017 | 14 replies
I have plugged in the numbers for one specific property, and the cash flow meets my minimum requirements, but the cash on cash return does not because the minimum down payment banks require.
Milan Obradovic
Looking for some Financial Advise from Experienced Investors
12 September 2017 | 8 replies
Hello BP Investors,I am currently in a situation where I am looking to pull money out of one of my investment properties to put down as a down payment on something bigger.