Edward Moore
Lenders who allow current seller to be in second position
Hey all,Does anyone know of any lenders in the Charlotte area who allow the seller to be in second position on a loan for a rental property? To use as collateral for the down payment. Thank you!
Peter Stanford
Is there an advantage to using equity from my home to purchase an income property?
I have close to 450k of equity in my current home, we don't own it free and clear, just put down a very large cash down payment. I spoke with a lender yesterday and he suggested I open an equity line on my house an...
Lexi Teifke
Real Estate Statement that I love. Simple but wise.
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...
Tai Bhattad
Alabama Tax Certificate prop sold at Foreclosure
I purchased a tax certificate in ALABAMA that qualifies for a tax deed next year (2022) and the owner has been in bankruptcy court since 2020. I [was] listed as a creditor for the tax debt on one of his properties. Th...
Jojoberg Berg
Anyone doing syndication deals in Europe?
Hi y'all,So I am looking to hedge the US market with the European real estate market. Has anyone found a syndication deal that does that?Best regardsJohn B
Parker T.
Tax Tradeoffs to RE in sheltered account
All,
Correct me if I'm wrong, but if a property is completely owned inside a tax advantaged account (SD IRA or 401k) then we are unable to take full advantage of tax benefits to real estate investors, correct...
Account Closed
How to back out of purchase w financing contingency
Looking for advice from any mortgage professionals.. I need to get out of a purchase contract which is only subject to a financing contingency at this point. I basically changed my mind due to recent personal life de...
Kyler Pace
Getting a property out of a Self Directed IRA
I've been reading up on using self directed IRA's to finance real estate, and I haven't found an answer to this question. Once you buy a property in a SDIRA is there any way to get that property out of the IRA and sti...
Kenneth Lim
Need Help Regarding CAP RATE
Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
Levi T.
Off Market Short Sell. What am I in for?
I got a call from a lady who has a house that's under water, and we struck a price, the contract price is about 70k under what she owes, maybe 20k under market, but the property needs work. Next week I'm rolling over ...