Is It ok to get a mortgage on your first property (multi unit) to bring in passive income

I read online that you can use a seller 2nd for the down payment, but some lender told me you can't do that with a conventional loan.  Is that true or does he just not know what he's doing?   I have excellent credit a...

I get at least one call a day from the new "hard money lenders"  These are semi institutional lenders pretending to be hard money lenders.  When I ask for their requirements, it always sounds like I am talking to Bank...

Hello, I could use some advice on how to acquire funds from someone like Funding for Flipping, I need capital at least 40k to get started, the investment group I'm with has the houses to flip and I need money to inves...

Hi all,I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised  value and it is for sure a 1 dscr. can I immediately buy this for  0 Dollars down

Ok so i'm ready to get my first rehab underway, I've done enough research and it's about time that I pull the trigger. The only thing that holds me back is "MONEY". I don't want to use my own and the only way to go ab...

Just listed our first rental and still trying to decide how to go about lawn care.  It's a single family home and the yard isn't huge.  Wasn't looking to provide lawn care since it is SFH.  I've been mowing all summer...

Hi everyone. My name is Jason, this is my 1st post, I just found the website a couple months ago.

I thought this would be a good group to ask for advice on one of my properties. Here's the situation:

I own a duple...

Happy Veteran's Day BP,

Currently in discussions to get the seller to finance to make the transaction smoother. This is a 10+ unit package priced at $2.6 million and valued around $2.9 million pre-appraisal. Units ...

I recently had a local individual that I have encountered several times in real estate deals to tell me he likes the idea of wholesaling. He has offered to pay a 2500/mo marketing budget for my business, but I have no...