Olga B.
0% down higher interest vs 5% down + PMI lower interest
Hi everyone!I am currently purchasing a single family home to occupy and eventually rent out. The main reason behind purchasing a single family was the ability to get a first time home-buyer loan for 30 years fixed.Th...
Charles Charity
rent to own
im very new to this rei busniess and i have a question with out anyone trying to direct me to a different thread now can someone PLEASE explain to me how does rent to own work? and is that involved with a lease? PLEA...
Jim Jack
Option money sent where?
I keep getting conflicting answers on where should the option money go to some say the check should be made out in the name of your company and its yours to pocket and thats it and to make sure to credit the amount of...
Horace Grant
Which type of financing?
I recently put a 3bd/2ba and 2bd/1ba $335k duplex under contract to house hack (owner occupant) and I'm wondering which loan option to choose. I have $90k in cash. I will rent out the 3bd/2a unit for $1500/month. Esti...
Richard Helppie-Schmieder
Does this lending product exist?
Looking for 80% LTV for a fix and flip then rolled into a DSCR or a fix and rent.Deal points:Purchase: $308,000Rehab: $160,000ARV: $499,000We are adding an ADU to the back of the property. We have done this 5 times al...
Donald DiBuono
Creative Finance Deal Need Advice!
Hi,Unique scenario. There is a 2 family we are in talks with acquiring for 200k. The owner is open to seller finance for us. There is a catch - the couple wants to 1031 the funds into their sons next larger project wh...
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Real Estate investing with bad credit!
By being creative, you can play the game of real estate investing by using what is called Option's investing.
This is just one technique of the Option's strategy of investing but can be a power tool in your investor...
Paul Anthony
Handling Large Option Fees - Use Escrow?
What is the best way to handle large option fees of 15-25k? I want tenant/buyers to have peace of mind. Can it be sent into an attorney's escrow account and then immediately disbursed? I would just feel more comfortab...
Account Closed
Which Refinance makes sense?
I Currently have a remaining FHA 4% mortgage of $529k. Mortgage was taken out in 2015. I would like to take use some of the equity in my house.This is a investment property that I own, I no longer live here My 2 Optio...
Spencer Herrick
Looking to purchase my second property
I've now owned my first rental property for about four months and am now looking to purchase my second property. What are my options in financing my second property with the least amount of out of pocket money ...