Kody Robertson
First time using Investor for Cash Purchase questions
I'm finally making a move and I'm currently in contract on an investment property. I will be using an out of state private investor and they will be purchasing the property with cash and we'll be looking to flip and ...
Ben Freeman
Local bank won't accept rental income until its filed on my taxes.
I was trying to be pre-approved for a new primary and ran into some issues with the lender not wanting to count my income on my duplex. Backstory:I purchased a duplex in may of 2022. One half was rented($1300) the oth...
AJ Wong
Mortgage rates drop and buyers shop, but what about listings and inventory?
Well, mortgage have in fact fallen below 6% for well qualified primary home buyers. The effect on buyer activity (at least in our neck of the woods/waves) has been near instantaneous. Several investor clients that hav...
Robert Wood
Creative finance I think
Can I buy a house for a buddy then in 45 days after being in his name he gets a heloc on the property and pays me back with interest
Daniel Lehman
Interior Designer
My cousin/partner and I are in the process of looking for our first multifamily rental. We have agreed to have a primary focus on buy and holding multifamily rentals with a secondary focus on fix and flips. We have an...
Eric Lunsford
Lump Sum Whole Life Insurance vs. Simply Invest
All - there is some great information on here regarding utilizing a maximum overfunded whole life insurance policy to then take a loan out and invest in rental properties. One question I can't seem to answer or grasp ...
Leland L.
Infinite Banking?
Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
Julie Marquez
Why PMI?
On conventional loans, private mortgage insurance (PMI) is required with less than a 20% down payment. But what is PMI and what is it playing for and who is getting the money? What insurance do I get for paying PMI fe...
Krishna Shah
Cash Out R/Purchaser
Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
Sean Crowe
Refi terms question - LTV 80.1%!
Hello,
I'm working on a refi for my primary residence. A lender has offered us a loan estimate (waiving the appraisal) and magically valuing our property at $555,555. The loan amount is $445,000. This puts the LTV ...