First post...just learning the game. Please spell out acronyms!! THANKS!!I've purchased two four plexes in the last 9 months, the first was an FHA loan that I put 3.5% down, the second was a short sale that required a...
Hello, I'm new and hoping to get some advice on purchasing my parent's home to become my primary residence after renovation and then building them a in-law suite. I'm looking for creative financial structuring ideas. ...
Can I use a commercial business loan as a down payment on an investment property as a short term rental. My lender mentioned that any government backed conventional loan must be with your own personal funds unless gif...
So for house hacking I know a person needs to live in the property for at least one whole year before moving out.
Let’s say I house hack a property for which my cousin is going to pay for the down payment. In this si...
My son is fresh out of college and works part time at 1 job for 4 years since High School. He is also working full time at another for 6 months.
He wants to buy a 4 plex using the first time buyer program. My wife a...
Hello everyone,I would like to sell my house to my son on a subject too. Can anyone tell me which avenue I take of what documents I need to get the process started?
Hi all, I come from the fatwallet investment property thread, and really like what I see at this forum. Great info and really nice and smart people.
We have a family real estate business and I wanted to know what the...
Hello all, I’m brand new to all of this. Just closed on a duplex and living in one side and renting another. I had someone borrow me 20k for a down payment on a 100k property and paid them back with equity I had by se...
Hey guys! I hope you all are doing well! I have a huge question that I hope you all can help me answer. I have a financial plan to purchase a duplex each for my children when they turn 5 years old, hopefully have the ...
I have a partner that is willing to fund my deals. He swears that 15 year mortgages are best, and he will never do a 30 year mortgage because of the high interest. I'm wondering what CoCROI I should be looking for in ...