Katelyn Christiansen
Wait to use an FHA or create an LLC and finance through that?
Hi, all! I'm looking into purchasing a single family 3/2 and househacking or finding a duplex, etc and rent out the additional units. Purchasing myself I'd need to buy next year. However, if I had an LLC would it be e...
Kyle Varner
Investment Property Loans for People with Good Credit
I am looking at my options for financing some properties, and I'm a little bit lost. I've got five conforming loans, a high income W-2 job and spotless credit. Theoretically, I could qualify for five more loans. I'...
Timothy Ryan
Please Help, Formulating a Creative Finance Gameplan to help Personal Finance
I own a home valued at 400k with 230k on a 30 year fixed FHA. Our debt to income ratio is too high due to student loans and a few credit cards hence the FHA. Also my credit score is not great right now due to some l...
Cameron Riley
Class C Property Owners.... Pre-Set Qualifications????
Scenario: You Own A Home, A Duplex In An Urban Area, The Property Is Considered "Class C"... The Area Has Some Riff Raff And You Know This. It Is Time To Start Renting Out Your Property, Your Goal Is To Obtain A Good ...
Raymond E. Hopkins
HARDMONEY-Will a hard money loan show up on a credit report?
I am wrapping up a personal renovation project in the next month or so, but have come across a potential deal in a duplex which needs renovation. I do not want to approach a bank on acquiring the property at this poi...
Nate S.
Should I refinance or not?
My mother passed away 2 years ago, I finally got the estate closed out and got my name on the title. The mortgage I am still paying is still in my mother's name but it has a HAMP incentive, so next year it will be fin...
Joseph Shin
Inquiries about FHA loan
I am fairly new to real estate (only 14 years old) and I was heard (from some people in the BP community) that i can (when older) can use an FHA loan and rent it out I can live for free. However while doing further re...
Mike Dawson
Need help moving forward with incorporating and structure.
I'm a little stuck and could use some opinions on the matter. Every article or post I read seems to contradict the last to some degree, and each answer seems to create 2 questions. I am under the impression that for...
Justin Hammerle
Have Interest Rates Finally Peaked?
The Fed increased its benchmark federal-funds rate again this Wednesday which will now range in the 5-5.25% representing a 16-year high. Some economists are claiming that this raise was already priced into current mo...
Joseph Hoot
LLC's - earning credit history, tax rates vs personal, and 1031
Background: My wife and I made lots of changes in our lives over the last year (REI and non-REI related), including her going into REI full-time. Our short-term goal for 2016 was to get a business entity going, get ...