I'm planning on going to grad school next fall and will be leaving the active duty military. In preparation for this I'm trying to reduce living expenses and debt before I get out in August of 2015. I recently (June) ...
I am purchasing an SFR under a conventional mortgage. I also currently own (100% ownership) a multifamily building which I have a mortgage on. The building is owned by an LLC not by me personally. Due to me being the ...
HELP !!!Working on taking over a owner - owner rent to buy house Framework of Orginal deal -Sale price 59kDownpayment 8kMonthly payment 850 for 60 months (5 years)The buyer ( Nelo ) was on time for 12 of the first ...
can a second be whiped out in filing bankrupcy if it is not a purchase money second?
Can someone who has challenged credit still get started in real estate investing?
Hello team,My partner and I are currently trying to purchase a value add 8 plex. Our banker will let us do 80/20. We are currently at 15%. I recently found a family member willing to loan us the other 5%. I was thinki...
I got an estimate for a rehab from a contractor for 30k. Since he has a business, do I still need to obtain an unincorporated IC taxpayer ID number and file a 1099-MISC form with the IRS? Or since he has a business, a...
Hello all,
I am negotiating a seller financing deal. The owner has no mortgage on the property. This will be my first seller financing deal, so I am a little confused. My questions are:
1) When I write up the agreem...
What is the difference between portfolio loans and DSCR loans? Or are they the exact same thing?