I am under contract on a property. My partner is providing the capital for down payment, and renovations. Partners capital is currently in mutual funds with a Financial Advisor Firm. We met with his advisor about 6...
Hi there,I'm looking to house hack a small multi-family property and am thinking of different financing options. I plan to occupy one unit of the residence for at least a year and rent out the other(s).In looking to g...
I have an interesting situation where i am considering proposing a lease option and would appreciate some feedback and hopefully point out any aspects of the situation I might not be considering.
I was approa...
I was wondering if there are any limitations to getting a 2nd FHA loan as far as what value the 2nd house is compared to the first one. In other words whether it is considered an upgrade or downgrade. I am in the proc...
I watched another board I was a member of turn completely negative. It drove long time members away. In fact, it got so bad they wiped it and started over, of course without a few clever folks who were asked not to ...
Josh is probably scared to death to see this opening line!!. Not to worry. Let me say it first. This is a great site. I don't always understand or know all the rules, but I play by them. When I have something pointed ...
Hello We have a new tenant on our first ever rental property and they’re are requesting adding a water softener citing hardness? Should we agree? Should we say no? I’m afraid if we agree or negotiate they may ask for ...
Hey BP,Will any banks or CUs give a loan based on value rather than purchase price? I may be able to acquire a property below market that I plan to house-hack and was wondering they'd lend on value? That was I'm cashi...
I have offered investment opportunities to people with capital. The deal is they put up ALL the capital while I find the properties and do the analysis to make sure its a worthwhile investment. I charge the inves...
I just got off the phone with a Realtor whom I told I have Proof of Funds for a REO property. He asked me was it an FHA loan, and I said "no, it's transactional funding". He didn't know what I was talking about, and...