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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $550,000
Cash invested: $150,000
Sale price: $750,000
This deal was purchased with almost no money down. ...
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Hi all! I am a newbie to the industry and very reluctant when it comes to disclosing personal information. I have been looking for financing options for investments properties. I came across one "company" that sounded...
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I have the opportunity to buy a house subject to existing financing. Does anyone have experience with PennyMac calling a loan due? As far avoiding triggering the due on sale clause, would it matter whether it's in my ...
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Hi everyone! My company builds and sells single family homes in SW Florida. We have a couple of houses that we would like to hold on to for now and possibly sell in a couple of years. We currently have a construction ...
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Hi this is my first post. I really want to make my first investment, but i dont know where to begin. I was thinking of joining a REI club nearby, and from there, i'm really unsure how to proceed. I live in San Mateo C...
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Does anyone know which lenders in Minnesota offer the best terms for commercial deals? We are looking at small apartments and trying to stay under $350,000.
Thanks
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I have a fantastic 12 unit Planned Community development project here in Alaska - full design, fully permitted, site work done and paid for out of pocket, and am ready to pour the first two foundations. Projects in A...
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Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
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The company is called "Universal mortgage and finance inc." The branch manager is sending to fill an application with all my information. I came across it trying to contact the seller on zillow! How do I know it's leg...
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I'm looking at a possible cash purchase ($8k-15k) that needs $40-50k of work. The ARV conservatively would be $85k, probably more like $110k. I want it as a buy and hold. I have debt to income which would fund this ou...