Vamsee Lella
Seeking General Contractor referrals in Northern Virginia
29 April 2024 | 5 replies
@Vamsee Lella I know some companies.
Chris Diaz
Is Flip Coach by Ryan Kuhlman Any Good?
29 April 2024 | 64 replies
What sets it apart is its focus on actionable insights that yield real results.
Derek Tuohy
Recommendations on setting up a JV arrangement
27 April 2024 | 2 replies
Need some advise / recommendations please. I have a friend who purchased a distressed property with cash and is looking for a hard money loan to complete the rehab. She would like to pull out most of her purchase ca...
Robert M.
Parents loaned me down payment for duplex, I sold it, now who pays capital gains?
3 May 2024 | 33 replies
I couldn't stick a capital gain tax on my mortgage company.
David Ounanian
What financing options are available for real estate investors?
30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,
Jim Doyle
Purchasing off market via executor of the will - Ran into roadblock.. - Path forward?
30 April 2024 | 10 replies
Thanks @Jay King - The trustee in this case is a trust company that is managing the estate, you're saying I can offer them additional money to sell the house to me and it might work versus an individual person who was named as a trustee?
Mark Stevens
Down-payment gift from spouse
30 April 2024 | 5 replies
This wouldn't be an issue as gifts up to 100% are alowed,under my company from immediate family members.
Ben Panfalone
Landslide onto neighboring property
29 April 2024 | 4 replies
His insurance company has denied his claim.
Steven Barr
Where to find list of pre-foreclosures?
29 April 2024 | 12 replies
Then, for example, if you want to see listings for Cobb County, set the "County" field to "Cobb."
Christine Shay
My Realtor wants to copy my Drivers License
30 April 2024 | 57 replies
I'd laugh at someone making this demand.It's the title company's job to check Ids for fraud prevention in my opinion.