Vic Reddy
Negotiating Lender Debt due to City demolition
HiWe need some advice on this strange situation. A friend owns a good cash flowing low income Multi family property in TX. This MFH property is 50+ years old and the City wants to enforce recent building codes on thi...
Carsen Gobber
Can I use gifted money on a house hack?
Hi everyone, my name is Carsen. I'm planning on getting into my first multifamily house hack this year in Lincoln, NE, with gifted money. My grandfather recently passed away, and some money has been given to my parent...
Joseph Anderson
Cadence Bank Affordable Home Loan Program
Anyone have experience with Cadence bank? More specifically they’re Affordable Home Loan Program?They advertise: A low down payment Competitive, fixed rate - 3.875% NO origination fee -- typically 1% of the loan amoun...
Alex Baur
DSCR Loan to house hack? Will lenders be willing to do it?
Hi there, I am new to real estate investing and am looking to purchase my first home. I recently graduated from college, and thus I do not have anywhere near 2 years of income history. However, my girlfriend of five y...
Sam White
BRRR roadblocks
I am planning the acquisition of my next rental property. I am a big fan or the BRRR strategy in theory. However I have been going thru it with my banker and there are some aspects I need help on. My banker is very RE...
Jason DeVelvis
Loan w/ 30-year amortization for a $75k property?
Hey all, I have a duplex that has > $900/mo NOI, and am looking for a commercial loan with a 30-year amortization. It's in an LLC, so it has to be a commercial loan, but I'm having trouble finding anyone who will l...
Mary Jay
Cant move into an FHA house that I just bought-can I rent it out?
Hey guys, I am in a pickle... I bought a duplex out of state last month, and was waiting to move in there. (Its an FHA loan)Unfortunately, I failed a test for my professional licensing and have to wait one year in ord...
Frank Contreras
Feeling like taking the wrong action steps, what did you do?
Started taking action steps, in purchasing my first rental property. I have started off with; 1.Reached out to real estate agent and had him set me up with automated emails with properties with certain price and locat...
Deyson Shaw
Aunts house in foreclosure, should I buy?
Hey guys. I’m looking for some advice on my Aunts home that is being foreclosed on. I’m new to the real estate world so pardon my ignorance. I have only recently found out about this foreclosure and the auction is com...
Roscoe D Brunson III
Next Steps after Bankruptcy
Greetings All,Happy New Year! Here's my situation in short: I filed for Chapter 13 Bankruptcy a little over one year ago (Dec 2018). I made some bad decisions in 2018 in pursuit of growing a car rental business with T...