The title is essentially my only question. I will add that we're going to get an attorney to draw up some paperwork and make this thing official, but why might it make sense to have a money partner on the loan? Would ...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $191,000
Cash invested: $45,000
I haven't gotten a tenant in yet. I'm thinking of ways to speed the process up, lik...
Question for all you knowledgeable & helpful lenders out there!
Over the years, I have a semi-substantial sum of cash saved that I’ve been storing in a safe. Now that I’m looking into purchasing an investment pr...
Hey guys I do a lot of large purchases at the big box stores- home depot lowes etc.
I was wondering if there were good rewards programs for them. I know you can go to the pro-desk at home depot when you make ...
Last year we tried something new. In early December, we sent both our tenants (we only had two units at the time) a Christmas card saying thank you and enclosing a $50 gift card. We did it mainly to say thank-you t...
Hey biggerpockets family! First things first, thank you for clicking on my discussion. Any feedback is greatly appreciated! My grandmother has given me a single-family house to start my Realestate portfolio. I'm tryin...
Greetings all, Hung from NYC here and new to REI.This idea just came to mind out of nowhere and wanted to get a pro’s take on it. Here’s what I’m wondering. I personally can’t house hack myself due to my wife’s job. B...
I searched the forums & found many situations involving private money, but couldn't find any like this. How is private money classified/structured if there is nothing being asked for in return - no returns or int...
I’ve got a former partner that wants to sell me his duplex. He’s willing to “gift” me the 20% down payment and to get the loan and then owner finance that 20% over 3 years to pay him back. The problem is my lender say...
Hello! I am a new real estate agent and designer in Ann Arbor. I have family members and contacts with 10+ years experience investing in real estate. Because Ann Arbor isn’t the $100k or less housing market, I’m wonde...