Brett Davis
Lower Down Payment %
Any lenders out there know if there is a way to purchase (buy/hold) a residential (quadplex or smaller) investment property with less than 20% down? I am looking to purchase out of state so I cannot make it my primary...
ANTHONY SPOLIZINO
REFI QUESTION THANKS FOR YOUR HELP!
Hello ALL! Thanks in advance for your replies. I house hacked a duplex and it is now time to refinance out from the FHA owner occupy into a CONV loan. My question is should I use the same bank that owns the loan to...
Lawrence M.
Billable Expenses QBO Simple Start Workaround
Looking for guidance/confirmation on a workaround to billable expenses in QBO 2022 without upgrading to Plus or Advance. We have water, sewer, and trash that remain in our names (required by municipality) then we bill...
Nikita Sharma
Escrow- what exactly is this?
Hello,I purchased my first property recently. In the closing costs, I prepaid for 1 year of property insurance. In this case, I would assume I would not be paying monthly insurance premium for the first year, because,...
Ivan Chavez
Buying a rental property
Just bought my first home in December. Next goal is buy another property for rental by the end of the year. Any tips on what strategy I should be taking on? Open to any and all tips/advice! Thanks in advance!
Theresa Nardello
Washington State Protocol??
Hi. I live in California and have a home in Washington that I'm flipping, and a serious buyer is asking me to cover his down payment and closing costs. I'm familiar that closing costs are often paid by the seller, b...
Gabriel Jordan
Looking for creative ideas on financing/ deal structure for my dad's FSBO neighbor
Hi,As mentioned above, my dad's neighbor bought a place downtown and is looking to offload the property. I naturally raised my hand as interested but don't have the cash to buy it outright (this would be my first rent...
Sam S.
Servicer charging ridiculous so-called "lender-paid expenses"
We bought a property subject to existing mortgage. It was behind on payments and was scheduled for foreclosure auction in Texas. Before we brought the mortgage current, the servicer had told us that the Cash Advances ...
Account Closed
15/1 ARM with 10% down plus a 10% HELOC
Hello BP,
I am in the process of hunting for creative financing for my first primary residence purchase. Please comment if the below scenario looks like a good combination. I want to buy a 2-4 unit multi next...
Jon Demma
Starting Out - First Steps to Convert SFH Primary into Rental
Hello,
New investor, still learning. Quick background -- own a small business(10 years) in MN that has $0 debt.
Would like to start our REI journey by converting our primary single family home into a rental. Purch...