Eric P.
Low fixed-rate Conventional Mortgage to LLC
Quick background for those who are new to REI: For liability purposes, it is generally preferred to hold real estate in an LLC (so if you're sued, creditors can't touch your personal assets, e.g., savings acct, primar...
Vijay G.
Loaning Money for Auction property
Hello, I just won the bid on auction property. My bid price was 120-130k less than the market price. I am planning to acquire the property and clean it up and put it on the market. it may take 3-6 months. I need to c...
D. Crawford
Miami Condo Financing
Looking to add a condo in the Miami market to our mid term term portfolio. Full review properties and solid reserves. This would be used by my family as well. WI/MN investor. What type of financing options would I hav...
Donald Fresquez
What should I offer? REO
I'm currently looking at SFR properties in my area to be used as a rental and came across a foreclosure that caught my eye:
Asking price: 66000
Average rents in the area for similar homes: 650
Repairs needed: ~8000
...
Most financial advisors aren’t what they seem. They paint themselves as stewards of your financial security, carefully analyzing every investment they put your money into. But that’s far from the truth. Many financial...
If you’re holding out for the “perfect” deal, you’ll always be on the sidelines. Today’s guests weren’t afraid to take on a challenge with their first rental property, and it paid HUGE dividends. Not even an expensive...
Shadonna N.
Calling the experts for advice on a sale, potential note
Experts,
Here is the scenario:
Property Location: DC
Tenant has been in place for 8 years. Not elderly or disabled. Wants to but the property.
Owner wants to sell
Option 1
Tenant purchases property. If there ...
Nicholas Crawford
Need help figuring out refinance situation! Please!
The situationHouse is rented for $2,200/month. Property is currently in a bridge loan ($2,200/mo). Rehab took much longer than intended for various reasons numbers quit working as interest rates went up. I'm self empl...
Aj Green
Lowest Rate Ohio Mortgage Currently (Investment)
Hey,I shopped some Ohio CU and found the 6.7% was the best for an investment property. Are there any lenders who are lower than this, I've been brokering myself. Closest rate I've gotten to this was a 7.2%.Thanks for ...
Rachel Orvis
Creative finance questions
Howdy! We are looking at a first rental property- single family- and thinking seller finance with the previous landlord might be an option. I have a bunch of questions. Are there any landlords on here from Butler, PA?...