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Hi all! I work for Groundfloor, one of the first real estate crowdfunding platforms to target non-accredited investors as well as non-accredited investors. I'll be in Chicago next week and wanted to see if there is an...
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Hello there!I have finally found a 2/1 duplex for $50k. The rent total is $1k a month. I would like to put the least amount in the deal from my pocket, since there is room for debt service. The current estimated value...
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Anyone aware of any lender in US where you can get a mortgage to buy property outside US? I tried to search online and nothing stood out.Thanks.
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I've read David Greene's Buy, Rehab, Rent, Refinance, Repeat book (multiple times at this point) so I'm well aware of how he looks for areas of potential growth. However, I am interested in hearing of any other tips, ...
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Quick basic few questions on an llc:- I am getting a loan under my personal name and plan to then transfer it to the LLC. I am aware of the Due on Sale clause risks. I am wondering how it actually gets placed under th...
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If I'm wanting to purchase a house and to avoid the property taxes going up can I have the owner drop it into a LLC and I buy the LLC from them to avoid the property tax increase? Also could I still use a mortgage to ...
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Investment Info:
Condo buy & hold investment.
Purchase price: $104,000
Cash invested: $15,000
Purchased in 2018 after a fire had damaged the building 2 years earlier; due to lack of capital was o...
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Let's say, I were to cash out and refinance the property for $70,000 and the property is worth $100,000 dollars; at 70% ltv. Can I HELOC the rest or a certain percentage of the equity of the property or an identical l...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $249,221
Cash invested: $38,221
Sale Price: $305,000
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Contributors:
Mo Ma...
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Hello Everyone, has anyone converted or tried to convert a Multi family (Triple Decker) to condos while carrying a Mortgage in Boston/Mass? If not in Boston, maybe somewhere else in the US?
Any leads to this procedur...