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FHA loans recently changed?
I am unsure if I should go with a FHA or traditional 30 yr loan.... With the traditional it would have to be 20% down and I don't have the funds quite there... Close! But when I went to the bank and talked to a mortga...
Aaron Hale
A financing strategy question for BRRRR
Hi EveryoneI’m just starting out and have a question or two about the Refinancing step of the BRRRR strategy. Buying a property.that probably wouldn’t qualify for a traditional mortgage with cash, private, or hard mon...
Jason Wilde
Rental Expenses and AGI
Hello. Long-time lurker here. I'm hoping that someone here can help me.I'm trying to estimate my AGI (assuming rental income only), but am struggling to find straight answers. I have my lease agreements set up where I...
Robert Ashline
100% Financing with a Conventional Mortgage?
Hey guys, I am working with a realtor in my area and I was talking to her about financing options for a purchase that I'm looking to close on in late summer. I was talking to her about an FHA loan and then she expres...
Benjamin Knisely
Monthly Income Minimum?
I have a 2 bed/1 bath unit just put up for $1100/ month. I set a monthly income minimum of 3x the monthly rent. I have interest from college students who qualify, except for the monthly income. They make the bulk of ...
Paul Hormann
Use ROTH and Traditional IRAs together for a JV?
Question for the CPAs out there... I have a lot of money in a traditional IRA right now from years in my 9-5, but am just starting a ROTH IRA. Is it possible to use both IRAs (self-directed) to form a joint venture a...
Chetan Naik
Highest and best use analysis
Hi everyone, I recently purchased a commercial land that allows for multiple uses. My question is, who is the person who does the "highest and best use analysis" - ?Realtor ? Architect? Appraiser? Your guidance is app...
Ellis Moore
wholesaling
good evening brothers and sistersHow do you get your assignment fee working with a traditional financed buyer. Cash buyers pay you to your assignment contract. How do you get paid with a traditional financed buyer? Do...
Simon Ruiz
Using a hardmoney loan to purchase property at point of auctions
Hello I would like to buy my neighbors house which is anticipated to eventually go to auction ( long story) I could not purchase this property through traditional means therefore, it eventually will become a Deed in L...
Aislyn Bedoya
Mortgage lender recommendations
Hey everyone, my girlfriend is looking to buy a house this coming year. Now were looking for mortgage lenders in the Philadelphia area that can help with her situation. Any recommendations?