Just got denied lending from a supposed HM lender due to the source of the down payment coming from a personal loan. I understand the risks, regarding the method of using a loan to get a loan, but was told that Hard M...
Hello Bper's,It's been while since I've been here. I have a rental that the current tenants are moving out in the fall as they are building a home and that is when their new home is going to be ready. I have someone...
I own a duplex, no LLC, for security deposit, I read online that for NC it needs to be in a trust acct or a bond for that amount? Can I not put it in a separate personal savings acct? Would that not suffice?
The law allows us to do straight leases then give homes away to anyone who lasts more than X months. The problems with this method come from the fact that we want tenants to know upfront that they are working towar...
Hi there,
What ratios have you been using on lease options?
Have a property worth around $120 that I want to go this route.
Does FL allow rent credits?
How much for a down payment?
Thanks in advance
I've done some reading on the advantages of Solo-401K options (this article was awesome!).I am hoping to use funds from my adjunct teaching to invest in real-estate and was hoping I'd be able to shelter this income by...
My two partners and I are just starting out in this real estate adventure. We have not made any purchases/investment yet. We have secured a private investor wiling to front us $250,000.00 at 6% interest rate. My que...
Hello! I am trying to see if I would be able to use any residential loan package on the following property. It's 2 units, 1 parcel, zoned mixed-use. One unit (1700 sq ft.) is currently leased as a commercial office. I...
I'm renting a house (in Mass. if it matters) to a group of three tenant, three friends on the same lease. One of them just informed me she is purchasing a house for herself and wants to know if she can sublet. The e...
Hi all! My sister called a local investor to purchase a townhome that she is making payments on but not living in. There is little equity, and she just wants to be rid of it, and it sounds like he wants to take over p...