David Venancio
IRA as investment tool
Hello All,Question regarding Self-Directed IRA'sMy partner and I (through our LLC) want to use his IRA to purchase a property. The initial idea was that we were going to use the IRA Funds to purchase a $65K property.....
Ryan Dori
Cash Out Refi Option
Hi everyone! My company builds and sells single family homes in SW Florida. We have a couple of houses that we would like to hold on to for now and possibly sell in a couple of years. We currently have a construction ...
Jonathan Riordan
Origination fees 2.5%?
I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
Senai Gebrekristos
First Time Home Buyer using Living Trust to Qualify for FHA Loan
Hope someone can help give me some clarity on this! I'm a first time home buyer looking to buy a duplex in expensive LA county. I'm going through FHA and I have heard that you can use your living trust as proof of inc...
Raza Rizvi
Owner to conventional financing
Hello Community,I'm seeking guidance on refinancing a property with an owner-financed loan that's nearing its maturity. Despite the loan balance being relatively small at just over $100,000, the property's value has s...
Chris Burke
Convert Primary Mortgage to DSCR on rental property?
I have a rental property that used to be our primary residence. We used a HELOC on that property for a down payment and some renovations ($285k) on our now current primary residence.Our rental property has a 2.99% rat...
Justin B.
Buy note, foreclose on the property, rent/flip?
Is this a viable strategy, to find a local note, buy it if its non-performing and just foreclose and rent or flip it? How hard is this to do?
What are the steps involved in doing this?
Does this happen ...
Johan Yang
5% Loan without application fee - SCAM or not?
Hi Everyone,I was recently responding to a post on a meetup group "New York Real Estate Entrepreneurs" about a private loan with 5% interest. This guy, his name is Michael, said he could loan me $200K with 25years ...
Chad Jones
HELOC to fund a rehab?
I have my dad’s house (he passed 2 years ago) and am wanting to rehab it & rent it. My vision is to keep it a while (it’s paid off) and use the cashflow to help with my kids college. A full interior rehab will b...
John Winters
Is This Plan Financially Feasible? Northeast Multi-Family, then Move South?
Greetings BP ~I am hoping to receive some feedback on the financial feasibility of this plan and/or some tips to improve it. Thanks in advance.*I currently live in the Northeast (U.S.). I plan to purchase a primary...