Hello BPInterested in investing in our first rental property. Looking at either a multi unit or single family property. Our current home is valued at roughly 485k and our outstanding principal balance is 242k. What ...
Hi everyone,
My name is Mike, and I am a 1st time real estate investor. I’ve read a few awesome books on real estate investing, and finally want to make this happen! Super excited to be apart of this community.
I a...
Hello,I want to buy my family home. It would be a direct sale with no brokers involved. The current mortgage interest rate is half of what I was quoted. Is there a way I can take on the current mortgage payments (at t...
Hi! I need help with mortgage regulations in Texas and help coming up with a creative way to purchase my next deal. This is a bit complex, so bare with me...I have been searching for deals in a specific neighborhood ...
My parents are willing to help me finance my first investment. However, they don't want to incur any additional taxes and thus could only offer $14k/each this year under the Gift Tax exemption rules.
My question is:...
I posted this in another forum but I think this may be a good place to post as well. Hello everybody! Happy Friday. I currently have an investment property that appraises at $900k. My primary mortgage is at $550k an...
I called few banks for a loan where I could use the proceeds of the 1031 exchange as a down payment. However, several banks including QuickenLoans and Wells Fargo appeared to be wondering whether I can get a loan beca...
I was wondering if anyone can give some advice using creative financing for purchasing my first investment property. I am unable to attain a traditional loan because I had two mortgage delinquency in June/July of last...
Hi everyone, I’m wondering if there is a general opinion when it comes to trying to find cash flow vs acquiring a property with no cash flow (or negative) but strong YoY appreciation growth. That’s the situation in Au...
So I recently got a HELOC on my primary residence and have been hearing that I am unable to do get those on investment properties; my question is this: would I be able to move out of my primary residence to purchase a...