Ashley Garner
prepayment penalty options - which is better?
Getting ready to buy a multifamily - loan will have a prepayment penalty - bank has offer me two options: 1- declining term option (5%, 4%, 3%, 2%, 1%, 0%). 2- treasury yield (basically it takes the rate you lock in ...
Dallas Martin
What to do after I find a lead?
Let's assume I've found a motivated seller. This person responds to a letter: they call, we chat about their motivation for selling, I ask about the property details (address, equity percent, condition, etc.), and I ...
Robert Herrera
Assignment of Contract Buyer has FHA Loan
I live here in Denver, but I have properties in Pueblo. I have a problem I’m needing some help with. I have a tenant buyer on a lease option. They are looking to move and have the option to buy at $57,000. They would ...
Monique R.
Could use some help w/ a wholesale situation
Hey everyone. My partner and I have a deal with a seller and we have an end buyer who is very eager to buy. He is ready to close ASAP. The seller with the option to purchase contract signed the contract, but will n...
Saran Mandhadapu
4 unit property - Please help me choose an Option
Could you please give me advice on which Option to choose. I have to buy the property on my own name for option 1 whereas I can buy the property on LLC name for option 2.Does paying more each month in Principle and In...
Edgar Ponce de Leon
Rent My Current Home and Pull Equity out for a New Home?
I'm trying to figure out what the best feasible path to take is?Option A: I'm trying to figure out if it's feasible to rent my current home, pull out the equity, and use the cash for a down payment on a new home. Opti...
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The Best Way To Get Started as a Real Estate Investor
Here are a couple of ideas that should help you get started in the right direction and answer how you can do a no money down deal with no cash, no credit, no income, no nothing, except having some general knowledge ba...
Greg Wempe
First Lesson Learned - Have "Cash" In A Hot Market
Found what I thought was going to be a great property for my first flip. Got in it five hours after it hit MLS, walked through with my realtors (both of whom have rehab experience), ran all the numbers, and it looked...
Haley Cisar
Lending options for a duplex!
Hey yall, I found a great duplex in Indianapolis I'm looking to buy and hold. Just need some cosmetic updates. They are asking 109k and we are able to put down 25-30%. Our current lender will not loan due to the loan ...
Tom T.
End Game Strategy
Hi all,Here is the scenario.61 years old. Will soon look at retiring. Probably collecting social security at 62, maybe 63.I have a rental property that is almost paid off (less than 10k away.)FMV: 280. Purchased in 2...