Raeshelle C.
Can a MA LLC be an owner of a RI llc?
I'm going into a partnership with someone who lives in and invests in Rhode island. We want to buy a rental property together and the property is in RI. So if we create a RI llc to buy the property, can I put my MA LL...
Brandon Laughridge
How to Structure This Private Money Arrangement
I have two partners that are interested in investing some cash to act as our own hard money fund for rehabs (to resell and hold). We own our investment company equally but their money is going to be a "side car" so t...
Walter Ciucevich
I’ve got the go ahead with a private money lender - now what?
I went to lunch today with an older gentleman I know. He owns the building I rent out for my State Farm Agency. I gave him my spill on real estate investing and he agreed to terms of 1 point, paid on the back end with...
Neema Fotoohi
Mortgage Calculation How To: Interest Only, 1st & 2nd Mortgage
I'm looking to figure out how to calculate the mortgage payments if I have a first mortgage that's interest only for say 1-2 years and then for a conventional mortgage (or if the interest rate changes after the initia...
Michael Dunn
HELOC vs a Cash-Out refi .... Pros and Cons of each ??
Hi,I need some help in figuring out what my best course of action will be , given the following situation.....I am looking to Get the Equity out of my Primary come the first of July ( about 3 - 4 weeks from now ).I ha...
Aaron Mazzrillo
Which do you choose?
I got a property under contract today. ARV is $190K. Seller owes $187K. The loan is 5.1%, 30 year fixed, PITI of $1,249.51. Long term tenant paying $1,675 and all utilities. I purchased the property subject to the exi...
Loc R.
(Messy) Potential Deal
I found a seller who bought her SFR in 2005 (top of the market) for $450,000. It's probably worth $425,000 in today's market.
Did some homework, and no other liens appeared on the title BUT get this: apparently the...
Anthony Dang
Portfolio Loan needed
I am looking to start REI into some rentals. Here is my situation: FICO: over 720. I worked for Norm Reeves Honda for over 2 years and left on 1/15/2017 so i can pursue my mortgage career.6/12/2017 is when i start wit...
Scott Loud
Partnering with a solo401k
I've been watching a number of videos on using retirement funds to invest in real estate. I have read just about everywhere that when you do that, you, personally, are not allowed to benefit from these transactions o...
Ryan K.
TRYING TO CREATE A NOTE
I have the opportunity to lend on house we rehabbed. Would be owner-occupied. Title company states that they can simply originate the note and I can even service it myself. From what I’ve read it sounds way too simple...