So, I've getting my feet wet in understanding where funds can come from for deals when you yourself have very little liquidity. I went to my local bank and they informed me that they do standard 75% of property Value ...
Hi friends,
I am looking for my primary residence house. My friend recommended me to look for an off-market house. I saw some good deals from wholesalers, but all they request to pay cash or hard money.
Is it wise t...
Hello all,I am just getting started in the rental real estate business and I have a lot of questions. One question I ask myself is should I refinance my current home to reduce my mortgage before I seek a traditional l...
What has been your experience with ground up development in terms of timeline?
Also, if the land you're looking at is forested then what are the pitfalls to look for (I guess roots need to be removed and not just tre...
how does contributing to a traditional IRA affect an application for a mortgage? Since the contribution lowers Adjusted Gross Income, does it reduce the "income" that would be counted towards paying down a mortgage...
Hey everyone,
I need a bit of help. I was curious weather or not you can wholesale a property to an end buyer that is using traditional financing?
I own a townhome I’m currently renting out, have another townhome under contract and will move into that when its finished in the Spring — turning my current townhome into my second rental. I work full time, love my j...
Hi all, so I'm hoping someone here can lead me into the right direction on this. So I have been looking into multifamily property investing. I wish to field a hypothetical: I have a secured line of credit with a com...
Does anyone know of traditional banks that is currently doing 20% down on a duplex?
BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%. A couple of lenders I've connected to are saying the only way I can get refinancing is to remove the property...