David Roberts
HeLOC Question
My girlfriend and I bought a home in 2010. We now have at least 100k equity in it. My girlfriend has the mortgage in her name and I was quit claim deeded to the house. Can I get a HELOC on this house? I assume I c...
Greg Junge
Financing for SFH that has assisted living business currently
Hello all, Does anyone know how to finance a single family house that already has an assisted living company running a business in it? I am looking at a property such as this, but I can't seem to find a lender that...
Katie Fairchild
Problems buying home due to income is made at home.
Not even sure how to start this message. We have been in the home since 2009, and after fighting the city and HOA to open a senior residential home for 18 month back in 2010 (variance was denied as HOA was against...
Cameron Brulotte
Owner Finance
I would like to buy a house/rental unit via this option!If I don't have much of a down payment, but I have someWould this be a good way to get started?
Rebecca Ray
Landlord income taxes - tips and tricks?
I'm going over tax returns for an ill relative who's a landlord and I need some advice. A CPA does their taxes for free as a personal favor but it looks like a 12 year old could have done them and I'm guessing it's co...
Sunshine V.
Anyone know any Detroit area banks or CUs that do...
Does anyone know any Detroit area banks or credit unions that offer 3-month seasoning for cash-out financing for up to 80% of appraised value? I am aware of the Fannie Mae delayed finance program that allows immediat...
Account Closed
Moving past your first deal
At the end of May I closed on my first deal, a STR in Fort Walton Beach. The place has been cash flowing but it has taken some of my time over the past few months to manage. With the first deal going well, i am really...
Cody Bradley
Bought my First Duplex! Now what?!
Hey Everyone, My name is Cody. I just bought my first duplex in Ohio. I used FHA with 3.5% down and I will occupy one side. I'm currently painting and doing some finishing touches before I move in. The other side is n...
Gary Bracken
Selling an FHA loan property to my own LLC after 1 year occupancy
Hi Everyone,
I have seen some similar posts relating to the topic, but none seem to fit the purpose of what I am looking for.
Essentially, I am thinking of purchasing a multi-family property under an FHA mortgage,...
Jalon Wilson
DRIVING FOR DOLLARS WORK?
We all have heard about all the lists that you can purchase to get distressed property owners. Also, we talk about driving for dollars a lot. I am interested in stories or opinions on how effective driving for dollars...