Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $150,000
Cash invested: $30,000
First investment property
What made you interested in investing in ...
Hi, I searched around for a bit but couldn't find a clear answer for this.If I purchase a property with cash and then immediately get a delayed financing, is the delayed loan traced to the property I bought? Or is it ...
I am planning to construct an ADU on a lot that I co-own outright, and originally intended to apply a condo regime to it. But I am not able to find any lenders that accept applications for construction loans on condos...
I have recently had my offer accepted for a fix and flip. The amount of capital needed to being to the table for closing has adjusted based on some last minute changed and information brought forth.
Outside of se...
Hey all. I'm just starting out and I found a freshly-rehabbed property the seller is selling for $45k. The problem is with a purchase is so small, nobody will offer me a conventional loan on it. Does anyone know of an...
I found a deal, I'm considering going through a local bank but they only lend up to 80% of the purchase price which means I need to come up with the remaining 20%. I do not have that money personally so what are some...
My lender offered unacceptable options to refinance a commercial loan that just matured and is on an extension period. I'm in process to refinance with another bank but the process has been lengthy. What options mig...
I have a personal loan for one of my properties (not a mortgage). The amortization schedule shows the amount applied to principle and interest jumping around substantially every month. I would have thought the amount ...
Hey guys,
I see lots of people asking about 506 regulations but what about 506b or c vs a member LLC? Basically I have some friends that have lent me money in the past, I've done a few flips and paid them back. We s...
A family member pays rent on my investment property and wants to pay off the rest of the mortgage via a personal loan. Theyre not on the loan or title. Is this possibile?