I have a rental financed through FHA, paying PMI, totally could refi out of PMI but, not sue if I should. Been successfully rented for 4 years. I want to buy a cabin in the mountains, (within driving to work). How muc...
Where have I been, so we are using 90% leverage again? Just looked in my email and realized that my lenders have been emailing me with 10% down loans with 90% leverage on acquisition and 70%L2C (loan to cost) on rehab...
My uncle is currently trying to refinance one of his rentals that has two units on one property.(Like brandon's Kurt Cobain house) The bank that he is financed threw now told him they won't refinance him because he is...
I am in process of putting together an offer for a multi unit property in the seacoast area of NH. I currently own 1/2 the building and another party owns the other 1/2 which I am looking to acquire. I would like to...
Hey y'all, I'm trying to get a houses for $30k or less, in most cases I'm inheriting a tenant possibly. I'm trying to find options in securing a low loan amount. Quicken Loans said that 30K was too low to loan. Any s...
How does the IRS view 100% seller financed real estate deals. Is there seller taxed for the full value of the sale in the year the property is sold (constructive receipt)?
I've heard of negotiations going on for 6 months to a year. As an investor, do you have it under contract the whole time?Thanks
Hi All, I am looking at a great investment property plus land I would like to grab however not sure if the banks would finance it. I already have a house that I currently live in but not sure if the bank would let me...
I am working on the deal of multi family .It's my first deal on multi family . The asking price is $350,000 and seller will cary back $50,000 with 5% interest and 3 years balloon .Can anyone help me calculate the pay...
I am looking for some information on seller financing. I am looking for how to set up the terms, and the do's and donts of this strategy. Can anyone help me