Troy B.
New Pittsburgh Investor
13 November 2016 | 10 replies
Using FHA backed financing on 4-unit properties in Pittsburgh has presented a few challenges due to the larger in-flux of Cash buyers (international and regional), and mis-information given to sellers about FHA financing.
Yoshi Hakone
Transferring a rented property to an LLC
2 November 2016 | 6 replies
A question is what kind of reactions from the tenant when I inform my intention to transfer their home to an LLC?
Scott Reed
Buy an investment property from my LLC
2 November 2016 | 1 reply
You can just have the title transferred to your name.
Shane Barone
Foreign Transactions Fees, currency conversion rates
2 November 2016 | 0 replies
For those of you who do any business internationally, you will always run across the issue of converting currency.
Patrick Philip
How should I target my wholesale leads?
4 November 2016 | 12 replies
You say you want to wholesale then most of those leads will be dead you need to know how long ago the property transferred to ensure they have some level of equity, you want to make sure your not mailing to vacant land or properties, wrong price ranges, and you want to be area specific.
Juan Casanova
Quitclaim deeds help
3 November 2016 | 6 replies
Hi everyone, my Dad and I are trying to start investing in real state I have bad credit and will not qualify for any loans, my Dad has already paid off our home but he has a disability and will not qualify for any loans even if he uses the house as collateral; can I use a quitclaim deed to transfer ownership onto my name, and if so, can I apply for a home equity loan right away to buy another property once I acquire ownership?
Account Closed
Starting a new relationship with a private lender
3 November 2016 | 2 replies
It should specify how much money is being transferred, for what period, how the money is to be paid back (interest only, principal + interest), at what intervals (monthly, quarterly, annually), and whether pre-payment is allowed, etc.
Kevin Tran
How to identify mortgage holder of a property
3 November 2016 | 5 replies
It can take months for the property to be transferred to FNMA from the bank who owns the property.
Luke Carl
LLC for my Vacation Rental
4 January 2017 | 11 replies
In fact I heard on a podcast where a guy started an LLC after he signed the paperwork and the deed was transferred in his personal name and he formed an LLC later and he got screwed.
Jon Quigley
What is the actual limit of traditional FNMA backed loans?
5 November 2016 | 8 replies
A banks internal policy might be lower, but if you use a broker they are going to be using multiple banks, therefore you shouldnt run into an issue til you hit 10.Also consider if you are married, and you each qualify for the mortgages independently, you could conceivably get up to 20 between the 2 of you.