Greg M.
Owner financing: Who receives credit for principal/interest?
I am trying to purchase a property with owner financing. Hypothetically the seller owes $85,000 to the bank and the property is worth $110,000. He has agreed to seller finance the property for 3 years. I am trying to ...
Ben Kirchner
File married jointly or separate?
My wife and I keep our financial accounts seperate, and simply share a mutual credit card that we equally contribute to for mutual expenses (mostly groceries). I purchased 2 houses with my own finances in 2017, which...
Teague Anderson
Repercussions from forbearance
Hey all,
I heard rumors of unintended consequences from taking advantage of forbearance programs. Specifically, when the dust settles lenders may deny loans for borrowers who took such advantage, or may want to see ...
Will F.
Private "Intra-Family" Loan - Secured against RE owned or
Intra- Family loans are just loans between family. The benefit would be lower interest rates for borrower and higher interest rates for the lender (compared to holding money in CD or bank)nerdwallet heres a brief a...
Nelson Mendes
A Possible Private Money Lender Questionnaire!
I recently found a private money lender with the potential of funding my real estate deal in which is in its early stages. I've been on this real estate investor student path for a while now facing the first time inve...
Brandon Rauscher
HELOC vs Refinancing
Can anyone explain the pro's and con's of refinancing vs HELOC on a rental property you own free and clear? The goal is to continue to purchase more properties, utilizing capital as efficiently as possible.
Kelsy Davis
Lease-Option (Rent-To-Own) / Rent Credits / Georgia
I'm considering selling a home I own as a rent-to-own (lease-option), and depending on the tenant I'd be willing to seller finance on the back end.My question is about "rent credits" - allocating a portion of the rent...
Eric M.
Rehabbing buildings on the National Register of Historic Places
I'm looking at purchasing a 16 unit apartment which is on the national registry of historic buildings. It needs a substantial amount of rehab and I'm curious if people have had success using the 20% credit from the Fe...
Nina W.
Dual citizen residing in Canada doing 1031 exchange in US
Hi! My husband and I area dual Canadian/US citizens residing in Canada. We are interested in purchasing property in the US in order to later upgrade and benefit from a 1031 exchange. I read that as dual citizens we no...
James Ayres
Can a student get a morgage?
I am 18 years old and I am interested in buying a owner opperated property in Erie where I will be attending college. I have found many good priced multifamily units and I have about $20,000 for a down payment. Im in ...