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This website encouraged me to take the plunge this past February and purchase a 4 unit all brick multifamily home (three units 2b/1b, one unit an efficiency) in a great area south of campus in Columbus. Purchased wit...
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Curious about the choice to either purchase an entire property with a SD IRA LLC or to partner in smaller percentages as I continue to scale. Anyone have experience in this realm? Thanks in advance.
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Has anyone acquired property by assuming an adjustable rate loan? What are the potential pitfalls? Will the lender let you assume the loan if it's in default status assuming you pay the defaulted amount? Do you hav...
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Hi everyone. Still fairly new to this, we started last June and this month we will close on our 6th property. We own one outright, the others have all been done with our local bank. The first deal was actually 2 ...
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First timer, looking for a duplex in the NW. I have a program to run numbers but i have questions on as to identifying a good location. I Found a website www.homegain.com there you can look at Demographic and Housing ...
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Hi everyone!I feel like this might be a dumb question but I've got to ask anyway. Im looking at financing options to pull about 20K out of a rental. I have a hundred thousand in equity. My local bank presented me with...
For those of you who have turnkey real estate in other states, how often do you check in with the property management company?
I have a mortgage loan for 703K at 2.875 interest (7/1 ARM, still 6 more years left) - I am paying $2988 I have HELOC for 90K at 5.25 variable rate, i am paying $370 per month (interest only)I have two options now 1. ...
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Does anyone who works with a portfolio lender and has their rental properties in a LLC have a fixed rate mortgage? Or are ARM's the only way that banks will finance buy and hold rentals in a LLC? My Realtor just ...
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This strategy will help your customer to pay off their loan and avoid damage to their credit rating.
You customer may qualify if:
Owner-occupant (rental or vacancy considered by lender on a case by case basis)
...