Anthony Colachicco
Suggestions and ideas for primary residence
Looking for some feedback and suggestions on what to do. My wife and I had help from her father with a down payment on our first home (primary residence) 3 years ago. He basically made us do a 15yr mortgage and we got...
Eric Berman
Condo near Parris Island
Investment Info:
Single-family residence buy & hold investment in Beaufort.
Purchase price: $100,000
Cash invested: $20,000
2 bedroom, 2 bathroom, 1,055 sqft condo.
Currently rented for $1,295/m...
Jonathan Billing
Buying 1031 exchanged properties from family members
Hi I'm wondering the possibility of buying a property from my father in law who lives out of state. He would be doing a 1031 exchange for a house he currently owns in his state to a house out here for us to rent in WA...
Andrew Rudahl
Is this a viable strategy?
A friend and I are both looking at starting a partnership. The idea is we would split a 20% down payment and then after closing, his parents would cash us out and get either 20% equity or no equity but a great guaran...
Danny Webber
Best thing to do right now to prepare for the new REI Market?
My #1 suggestion is to "GET LIQUID/STACK CASH" and be ready to make offers
#2 Get intimately familiar with Loan Assumptions/Mortgage Wraps
Lynn Harrison
refinancing rental after hard money?
Hello,
My friend is looking to buy property and I told him I'd ask for him. How difficult is it to re-finance at the end of a hard money loan(interest only, 6 months)? He might be paying 34 to 50% cash, the rest a lo...
David Avetisyan
Criteria for Five Loans & Above
I was wondering what the criteria is on the fifth loan for both the subject property, and on existing investment properties.Furthermore, would it be any different if you are trying to refinance a cash purchase on a fi...
Jeff Vierra
1031 Exchange Question
Greetings, My brothers and I inherited an 8 unit complex in CA. We area all on the title individually and not in a formal partnership agreement. It is appraised at 2 million our cost basis is 1.5 million. Lets say ...
Clarissa Holtz
Spokane house increases in equity AND cash flow increases, too
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $130,000
Cash invested: $30,000
We bought the house as a single-family dwelling, lived in it for 6 months. T...
Alex Hogenson
How does private loan affect conventional loan?
Hello BP,I'm looking to finance my first duplex (house hack) with a conventional loan, however I won't have the necessary funds by the time I need to purchase (tentatively need to move in June 1st) for a down payment,...