Samuel Kim
Hello newbie here, I have few questions.
Hello I folks I am a doctor who is starting to invest in real estate, can someone tell me if if I can give my father and mother in law money to buy a house hack? I really trust them.
How many house hacks can you buy ...
Ralph E.
What ways have you raise money for a FHA 3.5% down payment?
I was close to buying my first home, which included another rented home, on one legal lot, through an FHA secured, 3.5% down loan (at the ripe age of 45).The loan officer I was going through at first said I was eligib...
Kelly Knutson
First Time Buyer - Financing Question
Hello, I have spoken to several lenders regarding financing for my first investment property. I am researching all options but getting a lot of different guidelines depending on which lender I speak to. I do not curre...
Lonnie Thomas
Gift Letter to close on property
I am just about at the finish line on closing on my first investment property 11/4 is the close date. I have an investor gifting me the funds to close. The bank is making it hard saying that a friend can not gift the ...
Brian Barfoot
Private money "wait time" and how to get around it.
Hi all, I'm being told that if I am going to take on private money that it's best to have it in my account three months before starting the prequalification process to avoid the "no gift money for an investment ...
Bev Kohli
Gift rental property and sell later under Sec 1031
We have held a rental property for over 25 years. Since we refinanced it, we have been making a cash loss after paying mortgage and taxes. If We were to gift this rental property to our son this year can he sell it ne...
Lee L.
Using gift cards and taxes
Hi folks --The cheapskate that I am, I'm always trying to buy things at a discount. I came across the SimplyCash Business Card from Amex, which among other benefits gives you 5% cash back at office stores and no annua...
Heather Miner
Reward for New Tenant Referral
I have a tenant moving out after a one year lease. They have recommended a family member move in and she seems like a good tenant. Of course, we'll go through the ususal application/checks, but let's assume everything...
Mohammed Ahmed
Grant from Father in law
Hello amazing investors!I have a quick question probably someone can answer me! someone told me that any family or friend can grant you up to $16,000 tax free first of all is this true? and if it is tax free does it f...
Dina Schmid
Buying Parents' Home - Ways to reduce costs and hassle?
Husband and I are considering buying his parents' home and I have some questions about this and would love any feedback on how to minimize hassle and our costs. We're doing this for two main reasons: 1) Prevent his da...