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I'll get right to it: I've read and read and I'm still confused about possibilities for financing. I'm hoping someone here can point me in the right direction so I don't go down the wrong path.Here's my situation: I c...
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Hello!
I currently have 5 conventional mortgages. I have another 3 properties under contract with a partner. If both of our names are on the loan, it counts towards the ten mortgage limit for both of us, whic...
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Hello everyone, how are things?
I want to do Co-wholesaling and wholesaling myself. I recently partnered with two Wholesalers in Jacksonville Florida.
I will be using the Direct Mail to bring in buyer...
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if you own multiple rentals, and you buy them with traditional financing, this question is for you.
i purchase my houses in my name b/c the lender will not loan to a company. i was then quit claiming the houses into...
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I was thinking it would be best (since I'm new and trying to start up) to form a limited partnership in my home state of NY. If I plan to buy rental property out of state I'll have to file as a foreign partnership?
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Would a reverse 1031 exchange be a legal work around the 1 FHA loan limit rule, since it seems as though the to be relinquished property is "parked" into an LLC?
I have a FHA on the to be relinquished then moved out ...
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I'm trying to understand the Fannie Mae (FNMA) cash out refinance limitations. Is it that you can only do it 4 times, or you can only have a total of 4 FNMA loans before they won't do it?So for example, let's say I h...
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I am helping seller in Georgia who has an auto lien on his home. I understand the stature of limitation is 7 years in Georgia. The lien judgement was 10 years ago.. what does that really mean? Does this mean when he s...
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I've been searching through the forums but wasn't able to find a clear cut answer to this newbie/basic question:There is limit of 10 properties that one can get conventional loans on. These 10 properties can all be mu...
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Hello,My current policy with USAA has $300K in personal liability coverage. I am renting out two spare bedrooms to friends. Do I need more liability coverage?Also, if you are in Houston and you know of a good insuranc...