Scott Shimala
How do you secure funding for your investments?
I am thinking about using an FHA loan for my first deal when buying a multi family property and living in one unit.
I don’t want to end my REI journey there though.
I’m sure banks won’t just give me an infinite am...
Franklin Nunez
Has anyone ever used their primary homes equity as collateral?
I haven't been able to get a heloc because I don't have 2 years of self employed tax returns. I want to use the heloc to put towards the downpayment for an investment property. Ive heard of people using their existing...
Drew Hollowell
Should I pay off primary residence mortgage and make it a rental?
I have researched a number of real estate investing strategies and like the idea of having high cash flow with little debt and little to no risk - (who wouldn’t!) to achieve this, I am considering paying off my curren...
Darsh Patel
Mixing conventional and seller financing terms
I am analyzing this deal and am trying to figure out the funding for it. The property is 200k, rents at 0.7-0.9% for the purchase price, Owner/seller says, he will finance 100k with 7.5% apr 30 yr Amortization, 5yr ba...
AJ Wong
The FED Paused and Investors should UnPause
This past week the FED indicated a pause in their historically paced rate tightening cycle.
The pause in rate increases should have the effect of eventually lowering mortgage rates.
I have written extensively abou...
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
Hey everyone, the new CARES Act allows for us to make a loan up to $100K from our 401K penalty free that doesn't have to be paid back for 3 years as long as you can show hardship 2/2 to the coronavirus. Does anyway kn...
Michael Pauley
HELOC payment structure
Hello all,I’m fairly new here and this is my first post. I own one rental property and am looking to get another shortly. I was able to find a lender too to give me a heloc on my rental property and I plan to use it f...
Rania Tohmah
What should you expect from a hard money lender?
What should I expect from a hard money lender as far as terms? Can you ask for space to renovate?
Cole Palmer
FHA Loan (split down payment)
Sorry I think i originally posted this in the wrong place...
"Hey everyone,
Relatively new here. I had a quick question and wasn't able to find anything in my searching.
I am looking to buy a 100k condo with my bro...
Alberto Izarraraz
Investing vs Student Loan
Hello Everyone,
So I really wanted to know people's opinion on this topic. It's really about what I should do.
I have a significant amount of student loans. Really talking about $120k of it at about 8%. I also s...