I've been aware of the strategy of using your 401k to borrow money from to buy real estate for some time now. You can borrow up to $50k and pay interest to yourself... got it...awesome. However, in my area the houses ...
I am looking to buy my second duplex and am searching for ideas on how to make the financing work. First of all, I am currently house hacking my first duplex and living for free. I bought this about 8 months ago using...
Anybody ever lent a small chunk of money (~10k) to a HML Lender who in return will combine smaller loans and lend as a HM loan in 1st position.
What are the drawbacks? I can imagine that there is little to no protecti...
I currently own 3 SFR rentals in the St. Louis area, (I live in Texas). One property is paid off, two are on a portfolio loan with about $12k remaining to pay-off. The properties, combined, have an approximate value...
Hello everyone!
I’m a first time home buyer and have some great deals available for buy and hold as well as house hacking. I was just curious if anyone has any strategies to come up with the down payment if I don’t ...
I'm trying to find a podcast/post/webinar that Brandon Turner did that had a title similar to 12 steps to unlock a bank loan. I've been searching and can't seem to find it. He talked about a loan being like a safe c...
I am looking for my first deal using 203k and I came across a listing that has 2 parcels with two seperate units. They are next to one another and include a single family home on one parcel and a garage apartment next...
Hello Everyone,
I bought a house to live in last September of 2018. I bought it with conventional loan with 3.5 % downpayment. It needs a rehab of about 30K. I plan to take an 203K FHA loan for the rehab. My questio...
In a hunt for investment property, I have come across some solid options for rental cash flow- but with low purchase/sale value. I would prefer to be leveraged in all rental properties rather than all cash purchases ...
I've seen portfolio type loans that wrap up several properties into one loan. These loans are typically longer-term commercial loans with a banking institution.Are there any private lenders that do the same thing?I ha...