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Hey all, Just curious to see if anyone can validate this exit strategy for a wholesale deal. First off this is purely an example and all of the numbers I use are just for illustrative purposes. So if I were to get a h...
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A friend own property in New York, with 3 others on title, there is a 1st trust deed. I want to lend money, and place a junior lien on the property to protect me. If the 1st trust deed forclose on the property, and ...
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I want to build a rental property portfolio. I’ve heard several investor say “It’s best to do an LLC for rental properties”. I do agree with that statement, but how do you obtain a conventional loan under an LLC? I w...
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Hi all,Just wanted to post a quick re-cap of the options that were laid out for me during my recent phone call with Flagstar Loans. Put my duplex into forbearance at start of COVID and as I am gearing up to move out o...
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I am currently under contract on a duplex that will bring great cash flow, once it's updated. I am still not comfortable when it comes to the BRRRR strategy. I am thinking after I close using a conventional loan, I wi...
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There's a ton of FB groups where people claim to be a lender but turns out they are not individual private lenders or are part of a "network", which is fine. Would like to know how you tell if they are legit, especial...
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I currently have about $40,000 of student loan debt with interest at 8.5%. This interest rate kills me every time i see a statement. I have a SFH in which I have invested about $10,000 into. The house also has a mort...
I have a few single family long term rental properties and am looking at purchasing a larger commercial property. My realtor advised what most investors do is pay cash for a property, then get a cash out refi after th...
I'm researching about real estate investing and I'm confused on what loan to use, am I able to use a conventional loan to fix and flip or keep it as a rental, or do I have to get a non-owner occupied loan? Do I need t...
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Hello, I am 20 years old, and currently serving in the Air Force. I’m really interested in starting investing, and hopefully using my VA Loan to buy a duplex. I would love if anyone can help on how the process of gett...