Sumit Sehgal
Rental insurance fine print
Good morning, shopping for insurance for a rental property (in this case, long term buy and hold strategy on 3 bed 2 bath), what sort of things I should be expecting from a good insurance company?What are some pitfall...
Dave Dupuis
Self Employed/ Pandemic Unemployed - Cash Purchase vs No Purchase
Hi everyone - I'm self employed and currently unemployed due to this pandemic, expecting my profession to start kicking back in full swing in late 2021 or probably 2022. I have been eager for years to get into real es...
David Lander
Mortage for me? First time buyer, 1 year of income, 30% down,
TLDR: My fiance wants to buy a house (to use as her primary) for 300k and put 30% down but only has 1 year of income. Is there a mortgage she could qualify for?Applicant's Goal: I am a 28 year old
first time home buy...
Konrad R.
How should I setup this business deal?
I have a family member that wants to get into house flipping as well. I'm thinking about loaning him the money for the first flip. Some key criteria are:-I want to purchase the house in my name.-The taxes will be paid...
Robert Gunther
Equity Lending
It came as a bit of a shock a few months ago when I contacted a mortgage broker about financing, using equity in a property to secure financing.... it is just not possible with traditional banks in Canada anymore.One ...
Account Closed
Using my 401k for seed capital
I have posted on this topic before, but am seeking a fresh perspective. I am considering pulling out my 401k to use as seed capital for a few new flips. What are the risks, is this wise? Would you caution someone agai...
Matt Ferch
Finance of America — recent experiences?
I would love to hear from anyone who has used Finance of America within the last few months.I know their reputation is terrible, you don’t have to tell me that, I’ve read about it.What I’m specifically looking for is ...
Tamara Aglaure
Creative Financing for Construction Loan on Build & Sell Investment Property
Hi All,
Before my husband and I pull the trigger on a hard money loan I wanted to know if anyone has other financing ideas for our construction project. We have HOA-approved plans and are ready to go with a great bui...
Steven Lam
Please help: BF/GF Breaking Up
Need help....Lease just turned into a month-to-month and my tenants who are Girlfriend/Boyfriend and both on the lease are breaking up and Girl wants to move out. To give myself less headache I agree to let them move...
Michael Shepherd
LLC collecting rent - For an out of state investor
Hello, I'm an out of state investor who lives in CA and invests in MI. My current entity structure is that I have a WY LLC as my Mother company and a MI LLC as my real estate holding holding company in MI. However I h...