Account Closed
Struggling to pull together financing for a 9-plex.
1 April 2024 | 4 replies
Account Closed Given the seller is willing to finance 70% of the purchase price of $1.8M ($1.26M) that means you need to come up with $540,000 + settlement costs, reserves and a budgetary number for repairs unless the property does not require any improvements or upgrades.
Hayden Kerns
Help Needed: Single Family Rental Properties v.s. Stock Market Returns
1 April 2024 | 60 replies
Based on my research, it is possible to become financially free through real estate investing, but requires hard work and time.
Alexandra Berman
BRRRR - financing / loan question
1 April 2024 | 6 replies
@Alexandra BermanMost conventional financing requires the property to be insurable (livable).
David Shelby
Can my LLC act as a management company for my own properties?
1 April 2024 | 10 replies
@Ashish Acharya, @Basit Siddiqi, @Natalie KolodijThought that a single member LLC doesn't require a separate return and everything flows through to the 1040 Schedule E?
Francisco Leal
From Madrid to Miami: Escaping Spain's Real Estate Woes to Invest in the Magic City
2 April 2024 | 16 replies
To illustrate the seriousness of the situation, consider this example: an apartment on Calle Princesa in Madrid, a premium area, valued at 450,000 euros and 70 square meters, will be legally required to rent for a maximum of 950 euros per month.
Sanjeev Advani
Navigating the Real Estate Market: A Guide to Long-term Investment Success
1 April 2024 | 0 replies
He encourages investors to continually educate themselves, consult with professionals, and leverage technology to stay ahead in the market.ConclusionNavigating the real estate market for long-term investment success requires a deep understanding of various factors, including market trends, property management, and economic indicators.
Devanand Ramachandran
Need help in showing
1 April 2024 | 2 replies
Most states require a licensed agent to show a property they don't have ownership in.So, your options:1) Find someone here on BP to illegally help you.
Ellie Narie
House hacking FHA/Fannie Mae with remote work? Can I move to any state?
1 April 2024 | 1 reply
Or do the lenders require that I establish primary residence first, before getting an fha or a fannie mae loan for a primary?
Chris Coltrin
I am wanting to pass on my interest rate and sell my home
1 April 2024 | 6 replies
If you have $20,000 in equity, then you can require the buyer to pay you for the equity and then assume the remainder of your mortgage.
Steve K.
Is Creative Financing Becoming the New Subprime Lending?
1 April 2024 | 36 replies
Has no real money and realizes hey the mortgage is not in my name and well there is no equity so I cant sell it I would have to come out of pocket and well I think I will just stop paying and collect Rents until the bank forecloses thereby trashing the orignal sellers credit and basically ruining their life.. those are the deals I have personally seen and that is why I am very much opposed to Sub too as a long term investment by Most investors who simply dont have the capacity to carry a deal if the tenant stops paying etc.. or is Bent and believe me there are tons of Bent folks out there that will think nothing of screwing nice people.