Patrick Fitzgerald
creatively convert family loan to increase investment
I have a family loan on a single family home; owe 90k, home is worth 110k. I would like to be able to pull a chunk of money as a downpayment to begin investing in multi-family. My basic plan is to sell the home, and a...
Casey Morrow
First post- Researching financing options
Hi all! I'm preparing to begin obtaining a property to flip. I will be purchasing homes in Missouri although I live in Florida because my dad is a general contractor there. It seems like I will get the best deals i...
Casey Ferry
Can you assume a loan in conjunction with seller financing?
Here is the scenario the owner wants 200k for a home. You cant use a 200k conventional loan. He owes 100k on the property......Can you assume his 100k loan and then also do a seller finance for the other 100k?If so wo...
Toan Hoang
What is Fair Project Mgmt Fee on Rehab
What is a fair PM fee to manage project. Includes all coordination with subs, all material purchases, and timely completion of job.
I am the investor but want to know what is reasonable for the PM. This is only pro...
Barrington Smith
Seller financing deal
I would like others opinion on this offer that was made to me wondering if it’s worth it or not duplex zoned t5-0 commercial resident price at 800k also was offered seller financing cash flowing roughly 80k a year exp...
D D
First investment property
Hey all. After looking at about 50 properties over the past year I believe I may have finally found one in Phoenix, AZ. Here are the details:
Property type: Duplex
Purchase price: $35,000
30% down payment: $11,000 (r...
Jason Carter
Private money cash out refi
I was hoping to do a "delayed mortgage" with private money. Property is 295k. I put down 100k and private money supplies 195k to close with cash. From what I have been reading I can do an immediate cash out, with no s...
Jonathan S.
How do i get a cash out refi to work on my rental?
Your goals and story: What are you trying to accomplish, how are you trying to accomplish it, and what hurdles (if any) have you faced.I currently am splitting the rent on a 1 bedroom apartment for $900 a month.I own ...
Cameron Chapin
Deal analysis - Figuring out the first investment
Hey BP, so I'm fairly new to the real estate game but I am extremely eager to learn any and all information possible. I am having trouble seeing the big picture when it comes to deal analysis so any help would be much...
Eric Merhar
Booked my flight to Greensboro, NC - now it's real
I'm all set to start my investment portfolio in the awesome city of Greensboro, NC. Why Greensboro when I'm from Everett, WA? Well, my employer owns a company there, and I'm excited about the cost of living in the a...