Satha Palani
Financing a duplex - am i being politely declined
Hi,I have a pending offer on a duplex that is being offered below assessment. Its currently tenanted and i am buying it together with the leases (1 year term). The house needs work but the type that can be done in bi...
Shelby Bybee
Best way to sell or gift a property to a family member
My father has a 2BR 1BA condo in Kansas City, MO. He lives in Dallas and it has become cumbersome for him to manage long distance. The condo is in impeccable condition and is in a great location. The approximate Fair...
Lionel Quiambao
How should I choose the right lender for me?
Hi everyone! I just wanted to get other people's opinion on how I should approach choosing the right lender for me. I've talked to about three to four different lenders, and I'm trying to find the right balance betwee...
Jeremy Bohnett
Partnership Deal while LLC is being opened
Hi everyone! I'll try to make this as simple as possible.My business partner and I are opening up an LLC in Arkansas but the process is held up for 2-6 because our registered agent had to fax a form to the IRS to rece...
Gevin Glines
Getting financing for more then 2 houses
Hello!
So with the saying "great deals will make money come to you" how exactly do you go about getting the funding approved through a conventional loan if there are no gifts or erratic funds dropped into your accou...
Jeffrey Townsend
financing after all cash purchase
I just purchased a home at courthouse auction all cash, part of the money was gifted. What financing options do I have to get the money back out? A lender I spoke with said the bank will want to know where the money ...
Daniel O'Dowd
Complex Exit Strategy Advice Needed
Happy Monday,I need some advice/help navigating getting cash back out of a deal. Long story short, I'm a new investor (5 SFH so far in North Carolina) and have been acquiring buy/hold property which is quite slow for ...
Peter Ulstad
FHA Loan - Does all the cash need to come from one person?
My fiance is looking at buying a duplex with an FHA loan. I already own a property (purchased with an FHA loan) and we are planning on moving out of my place and into hers. My question is whether or not all of the cas...
James Galla
Assignment/Transfer of Income Stream
So what are yall's thoughts on this scenario:Imagine my wife and I own one rental property, jointly, in our individual capacities. If I gift her my 1/2 interest, terminating my right to that property, does that gross ...
Peter Lu
How to handle 1031 with Tenancy-in-Common title?
I have a property that is held as Tenancy-in-Common with my sibling on the title, let's say for the sake of example that I own 70% and the sibling owns 30%. Will it be very complicated to do a 1031 Exchange for my po...