I am very excited about getting my first property. An issue I'm having while deciding however is my financing. I have a local lender loaning with a rate @5.99 and they want the property to be tenant occupied. My probl...
Hello, In 2015 I bought a duplex and lived in one side while renting the other. We recently moved out and into a SFH, and kept the duplex as a solid, cash flowing rental. This property was bought in our name and is in...
I own a home which I am currently livivng in. I've been bouncing around the idea of building another home behind the one im livivng in now. My question is how could I get the money back out of the new construction home?
I'm looking for creative ways to help a neighbor. Here's the situation:While perusing foreclosure notices yesterday, I found one posted for a long-time neighbor. The outstanding loan balance is only ~10% of the valu...
Hello gang!I see that most favorite places to invest in TX are areas arond DFW, Austin, and Houston. What else investors would like to consider?Kind Regards,
One of my investors has a lot of cash but does not want to have it all tied up in his properties. He currently owns 2 rentals which he financed 70% at good rates (around 7.5% I believe). He bought both of those off ...
Just wondering if anyone has any suggestions for financing options for my next project. My issue is on paper by myself I don't make a enough money (25,000) to qualify for any loan or line of credit.
Currently I own t...
I found a combined multi-family property package (3 duplexes) for sale by owner. I'm aware residential loans cover single-family homes up to 4-unit homes, and commercial loans are for 5+ unit homes. My question is...
I’m currently looking in to purchasing a four-plex property i have ran the number and the deal fits my criteria , i have a great amount in savings to cover the down payment and costs associated with the property and s...
Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $110,000
Cash invested: $40,000
We bought this single family home with the intention of convertin...