The home where I grew up is in Costa Rica. It was built in 1982. My father legally owns it, but only my mother and brother live in it. Dad has expressed his commitment to leave the house to me and my brother, meaning ...
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Does anyone have any experience with interest only loans for home purchase?
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Hey there everyone! I’m new to REI, and I’m looking to invest passively as a PML. I know LLCs are great to have for liability protections and all. But say there was a deal available and I don’t have a passive LLC read...
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Hi, I'm in the process of closing on my second deal. I have an 8-unit apartment and soon 4 duplexes. Both are Class C properties. Because I require lending I struggle to make the numbers work on Class A properties (ho...
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If you’ve managed to untangle yourself from “paralysis of analysis” for long enough to explore your local market, here are a seven ideas to bear in mind:
1. Keep it within 30 minutes of where you live: The reason fo...
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I'm wondering what the consensus is.
Among the two options, which do you prefer to do and why? If you remove the coin from the entity entirely, then I suppose this question isn't for you.
Option A: Receive cash-flow...
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So, you’re sure you want to invest in a real estate syndication, you do your research, and you lock in a deal. Now what?
After you’ve sent in your funds for a real estate syndication deal, your active participation ...
Hi I have read soo many inspirational posts that gave me the push to stop bring scared and listening to others. I decided hey let me get started. Rentals was the first thing that caught my eye. I started a LLC for lo...
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Hey gang,
I have several new apartment communities that ive bought since january (In TN,NC, & TX). I bought them with a combination of cash and short term note (owed to a family investor). I bought the LLC's that...
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What does the mortgage officer look at the most when determining if an applicant will be approved or not?