Alexandra Preziosi
Purchasing foreclosed home with little to no money down ?
I just have few general questions about purchasing foreclosure properties. What are some pros and cons? Is it possible to purchase with little to no money down? I know many properties especially sold at auction are ca...
Jesse Temple
FHA 203k Exit Prior to construction
Hello all,
I have been secretly trolling these forums for several years without any activity. Before starting, I want to thank all of you users, as you offer much needed detailed advice on everything in the world of...
Anthony Hinds
Financing strategy help
My monthly income from an annuity is $1600, which ends in January. Then I will have 0 income. I need to purchase a rental ASAP. According to my DTI I only qualify for $75k from my local credit union. I have a LOC from...
Michaela Senechal
Newbie needing funding advice
I found a 13 unit complex, crunched all the numbers and has a pretty good cap rate.
It's going to be a profitable investment but am not sure how to get the funding to purchase the property and fix ups.
Does anyone h...
Mason Mccullough
How much of my closing costs can I wrap into my mortgage?
Looking to purchase a duplex next year to house hack. I’m a real estate agent so I am going to use my commission as part of my down payment. I also want to wrap some of my closing costs into my mortgage. How much of m...
Glenn Na
question about 1031 exchange
Own a couple of rental properties and am about to sell one. The one I am selling has no mortgage. Want to use gains to pay off mortgage on second rental. Will this qualify under the 1031 exchange or does that only ap...
Cheryll Ramirez
Is a Land Contract best?
I have an opportunity to purchase a property from a tired landlord. The property is free and clear. They are willing to allow me to fix and flip the property and pay when I sell. Is a land contract the best way to ...
John Bourque
Need Advice on Cash out Refi of investment property
Hi All,
I will be closing on a Cashout refi on one of my investment properties this week. I currently owe 40K on my primary HELOC which I used to purchase said investment property. Should I reinvest this 50K into ano...
Brett Nissen
buy owner occupied with existing tenants
I am trying to buy a multi-family rental property in the area of Jacksonville Beach or Neptune Beach in Florida. It would be an owner-occupied purchase (for FHA financing), but I am unsure how to handle a property tha...
Rob Smith
Where is a good place to buy Multi family properties
Thinking about making my next purchase a multifamily home any advice and recommendations would be appreciated thanks