Michelle Chevalier
Confused about conventional versus DSCR
I am trying to purchase a second SFH investment property. I have one SFH rental that I purchased in 2021 using FHA (it was my primary residence at the time). I am trying to get a conventional loan this time around for...
Tyler Blackwell
Family member wants to bequeath house...easier to be on title?
Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...
Konstantinos Zaferatos
Christmas/Holiday Gift for property manager
Does anyone get their property manager/management company a Christmas/Holiday gift? If so, is it something small like cookies or a year end cash bonus?
Mary Eubanks
Complex Trust & Capital Gains
I have an investment home I will be selling in the next couple months. I just set up our complex trust and have not transferred the property into the trust's name yet. My contact for the trust is saying I can wait and...
Aaron Barrett
Transferring/gifting property
My mother is near the end of her working life and wants to get rid of her 3 rental properties/duplexes. Our thoughts are that she could transfer/gift them to me to take over and I would in turn split the cash flow wit...
Vishal Amin
Private Lender wants to invest with all cash
Hi BP Community,
My private/hard money lender want's to invest with all hard cash. I wanted to know if anyone has dealt with this before. How would the process work? Sending the money to the title company? Can I conv...
Ashley Cook
First Investment Opp / OPTIONS?!
I have an opportunity to purchase at a discount a clients investment property. I do not have funds for down payment to do traditional financing out of the gate.The seller is open to seller financing and me refi’ing as...
Zoey W.
Confused about how this would be taxed? (if house was bought with money donated...)
Let's say someone bought a primary residence for 300k but 100% of the down payment was using money that was donated to the person by their parents and that this donated money was large enough to make an all cash offer...
Joe Edwards-Hoff
Contracted Repairs After Closing???
So, I am looking at a house that the owners know needs some work. In tune of $12k. That said, neither the sellers nor myself have that kind of money on hand currently. What I wondered is if anyone had any experience w...
Dorian Wood
Using a pesonal loan for down payment
I'm short on cash but have good credit and income. I am considering getting a personal loan to help fund my first deal. Has anyone had any experience with using a personal loan to fund their first real estate property...