My wife and I are 27/28 years old and live in Clarksville, TN. We bought our first quadplex with a VA loan a little over two years ago in Clarksville, TN. We bought it for $305,000. We lived in one unit and rented the...
Setting the Scene - In pursuit of a loan from my parents for house hackingI have been listening to the BiggerPockets podcast and learning about real estate investing for over a year now. I just finished reading the Bi...
Property price $11,000,000, assumable loan (fannie Mae at 3.5%) $8,000,000. Cap rate 9.2%, Occupancy rate 68%. NOI $1,200,000, Location A+.
Now let say I can negotiate half of the 3M and seller finance the rest at ...
Hi,I have a seller that purchased a duplex using an fha loan in 2021 ($170,000 purchase), and lives in one unit. Currently selling for $270,000. Would I be able to assume the fha loan if my cost would cover approximat...
Hello All,I may be selling a triplex in a few months that has an FHA loan attached to it. Note this FHA loan was originated before the June 2013 change that makes PMI last the life of the loan. Instead, since it was...
I am in the process of transferring a property that I own from my name into an LLC I created. I took out a private loan from a family member to purchase the property, and from what I understand I will need to assign ...
Hi all!
Please help if you know the answer. Am I able to use an
IEE contract to do a mortgage assumption (instead of an outright buyer getting a loan right away)and just get paid a year or so later at the close?
Sce...
Hi all,I have a very close friend who is wanting to sell his house in Las Vegas, and move to CA. The mortgage is 3% with 312K left on it, and the house is listed at 470K. He says he has a conventional loan, and that t...
I am new to this forum and have recently starteted my journey on investing in rental properties. I made my own with some help of some books I have been reading and would like to see your thoughts on it. I look forwar...
There are a lot of people asking questions about Turnkey recently because acquisition costs are so high in CA IL NY WA OR and parts of TX. The key to making money by buying a Turnkey is knowing your costs and knowing ...