Joshua Morris
New To Real Estate Investment-Help Needed!
3 December 2013 | 13 replies
My original plan has been to purchase a town home in Texas and then live in it off of the saved up cash flow while in school so that I can essentially live there free.You said in your post that a conventional loan down payment was 3.5-5%.
Wesley W.
First potential purchase under contract, and then...
2 December 2013 | 6 replies
So, during the attorney approval period, we get copies of the paperwork and discover the discrepancy.How much were they underestimated?
Daniel Dietz
How to Legerage a Private Note?
19 April 2020 | 5 replies
On the partnership, which is an LLC, our lender allows us to bring at least half of the 20% down as a Second Note from Private Lender as long as the DSCR (cash flow essentially) stays in their criteria.
Robert Piller
Setting up JV for Real Estate Buy & Holds
8 December 2013 | 16 replies
I can self-finance deals of that size without the regulations and paperwork.
Joseph Johnson
Should I go for it? Big Project in Seattle
3 December 2013 | 3 replies
Want to get your advice on whether I should pursue this deal, its a huge project.I have been offered first shot at a 10K square foot lot zoning LR2 , which essentially allows for cottage, townhomes, row, or apartments two stories high.Its in a good neighborhood next to a park and the neighborhood next to it is one of the nicest in SeattleWe are close to finalizing price and terms.
Trevor M
Made my first real estate investment! Have some questions.
6 December 2013 | 6 replies
He stated there's a lot of extra paperwork, costs, and restrictions with an LLC.
David Moore
Structure a Private Money deal
10 December 2013 | 10 replies
My thought was to essentially amortize the loan at 10% with a 1 year term and make interest-only payments during rehab, then repay the principle upon selling.
Shaun Reilly
Retail Cash Sales
10 December 2013 | 18 replies
There wasn't anything that we left and he was thrilled to have an essentially brand new place with nothing old to worry about.
Sean Kuhn
Preparing for an eviction
5 December 2013 | 13 replies
You might also find some companies that handle all the paperwork etc for a flat fee.
Dominika M
Refinancing to get cash out - Canada
31 January 2014 | 3 replies
Finally, #2-#4 are essentially rinse & repeat: you will have to qualify for each subsequent property considering the debt of prior mortgages, but you will also get to use 50% of existing rental income.