I am very new to private/creative/hard money financing. Thus far I have always used conventional mortgages/doctor loans/va loans to finance owner occupied homes that later became rentals. It has worked great and was (...
Hi all. I am new to Real Estate but geared up to move forward as fast as possible. I have purchased 4 properties in the past 2 years and plan to purchase 10 more within the next 2-3 years.
I have listened and read a ...
I had to close in my s-corp due to time constraints on my time to close with the seller for this flip I'm doing. I need to do a quit claim into an LLC, but I'm curious how this will impact my hard money loan if at al...
I am closing a seller financing deal but am confused with how monthly payments are split up between principal and interest. How do I determine how much principal is owed at the 10 year mark for the balloon payment? I ...
Hello,
I am an aspiring investor looking to acquire my first rental property. I am hoping to find reputable lenders who lend based on the asset, not the borrower. I do not have any credit which is something I know ...
Hi, I live in california and am looking for an investment property in clearwater florida. The budget is 250k...if there is a cash purchase i'm interested in that or doing a down payment and DSCR loan. Any advice on wh...
Hello Everyone! So I am a new investor, although I know a fair amount of different investing strategies.
My wife and I are about to purchase our first property and have roughly $30-40k.
My current plan or strateg...
Simple scenario and question:I'm purchasing a duplex with a VA Home Loan for $270K.Down the road I'd like to do the same thing.A normal VA Loan Maximum is $417K but changes to approx. $533K with a duplex:http://www.fh...
I’m still kind of confused about this. My last post kind of confused me more lol. Can somebody please give me a step by step guide of how to transfer the title of property in Indianapolis that you closed on under your...
Here is the scenario: A. "Subject To" deal on the mortgage B. 30% equity is seller financed (to be paid in 10 years) C. Lender find out and Due-On-Sale Clause is triggered?. Here are the questions1. How can I refinan...