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Is this a sound investment strategy?
Acquire a building . We get a hard money loan for 50%-60%. We then ask the seller to carry a note for the other portion. Of course we will have points and other costs. We then...
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I have a deal where the owner is 92 yr/o. her children are 65-58 then there are 1 or 2 grands. the owners including kids really like me and want me to buy the house. I can't qualify for the financing it needs. home ne...
I don't own any rentals yet but I have been connected with another investor that is wanting to somewhat retire and sell properties from his portfolio. I don't have all the specifics yet on the properties (I don't eve...
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Dear all,I’m trying to make a model workout to maximize the quantity and the speed at which I can acquire rental properties in Texas. A typical deal would be structured the following way:- Purchase Price: 90k$- Rehab:...
I am trying to get the ball rolling to purchase my first property. However, I am currently a student and do not have any stable, monthly income. I have been trying to find out whether or not I will be able to qualif...
Hello,I will make this as short as possible. I am not sure if this is a rant or just me looking for confirmation on my thoughts, but overall just need guidance. Recent graduate with B.S in Finance. I have always taken...
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I'm trying to sell my lovely condominium in Ohio. I had an offer of $115K but the buyer was unable to get financing at the last minute. He had wanted to move in on closing day. I was notified 2.5 days before closing t...
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I have a client looking to refi and I could use some help.
I hope there are some loan experts here that can help me out, because most loan brokers are not accustomed to working with RE investors.
I am t...
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Is it possible to convert a>4 unit apartment house into a 4 unit? Its not much bigger. Would I be able to do it during the purchase and possibly obtain traditional financing? is this only something that can be done...
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This post has two parts.
First, I'm looking to close on this 6 unit multi family and today my realtor said she found out that the property is only zoned as a 3 unit. I spoke with the owner and he said he bought it as...