Gaege Root
The information is there, so are the people that want to help
As a newcomer to the real estate industry, I know it can be intimidating and frustrating trying to wade through all the misinformation, gurus, and seemingly endless angles of attack.I've spent the better part of the l...
Ankit Rathore
Points buydown vs principal reduction with seller's credit
Hi, I got around 19k seller's credit for a house of 775k. I have 2 offers from lenders:1. from private lender which allows me to buydown interest rate (I can do 1-1 buydown) and rest money will be used towards closing...
Steven Trumpet
Seller financing question
My friends Dad is selling a commercial property & while we both invest in real estate we're unsure of the process & what a fair interest rate should be. The last time I read up on this, I remembered the import...
Josh Perez
REI Software thoughts
Hey guys, Im looking for some honest advice on REI software. I don't really know too much about it but I would like to learn more and essentially figure out if its worth it? Thanks
Daniel P Buteau
FHA 203k loan 1031 to another FHA 203k loan
I currently own a three family and live in one of the 3 units for the past three years that I bought with a FHA/203k Loan. I have a good amount of equity but not enough to do a cash out/refi or take a Heloc, can I do ...
Tyler Everidge
Dayton, Ohio: Amazon Distribution Center Investment
Very exciting to see a big investment into Dayton, OH. https://www.daytondailynews.co...Will be nice to have another large employer along with Wright-Patterson Air Force Base, Health Care, and Universities. Already no...
Justin Lee
Primary Residence Refi to a heloc
Hi,
I want to pay off my current mortgage balance and open a HELOC to do so. Is this possible?
Ex. Open Heloc to pay off the first mortgage and utilize the rest as a resource to fund other deals.
Andrew Michaud
15 year Term, 20 year Amortization. Define Amortization?
I have been approved on a loan for 15 Yr, 20 Yr Amortization. What does this mean? Am I paying off the loan in 15 years or 20 years?Am I paying off the interest in 15 years and paying off the rest of the principal fro...
Mike C.
"Short Business Travel" Tax Questions
I do my own rehab, maintenance and management. One of my properties is about 160 miles from my hometown and that can be a drive of 3 to 5 hours, depending on traffic. Recently I did what I used to call a day trip to t...
Frank Boenzi
Funding a syndication
I'm looking to be the general partner in a syndicate. When raising funds, do I need to raise the full purchase price amount of the property or can I raise the down payment amount and fund the rest through a lender? If...