Maura Paler
Question about source of Down Payment for Closing
We have had a HECK of a ride getting financing for our 4th Vacation Rental, but are finally getting ready to close. We are using a conventional 15 yr investment loan through TD Bank. They want to see our 30% downpayme...
Beau Alesi
Advice Needed On Purchase/Loans
Sure you'll need a lot more info to advise but anything may help.Own two houses. One a rental and one we live in. Have about $300k equity in one and about $150k in another.Have HELOC on the one with $300k equity in th...
Jonathan Quesadilla
Wholesaling on the MLS
Question here,When trying to wholesale a house on the MLS, what should i do when the sellers agent asks for proof of funds? Would it be wrong if I didn't tell the agent I am wholesaling the house to a flipper? How can...
Megan S.
FHA loan after FHA loan
Newbie question!If I buy a MF home as an owner occupant with an FHA loan, then plan to turn around and rent all units out (after a given period of time), will I be unable to secure an FHA loan for my next property? Is...
Victoria E.
"Subject to" how is it work?
Great Saturday everyone!
I have a seller that have small loan took out last year at 6.5% and I'm trying to buy the property "subject to" and remained balance give him in cash. I haven't done this before an...
Daniel Cruz
Good Book on Investing in Notes
Hi All,
Can ya recommend a good book to learn about investing in performing and non-performing notes?
Thanks in Advance,
Danny Cruz
Carlos A.
Leveraging equity of Investment property
Hello everyone, I hope you are well.
Quick snapshot of situation
I was fortunate enough to find a deal in the south florida market (Fort Lauderdale) where the sellers were looking to retire but were house rich/cash ...
Jochy Perez
Unable to obtain lien release
Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...
Phat Vi
Tax Reduction and Owner Financing
Hi All,I am learning about owner financing and one of the question I have right now is "how does the tax reduction works in the owner financing". A normal mortgage company mails a IRS Form 1098 on the interest we pay....
Josh Ball
Tenant with medical marijuana card. What are my options?
I've got a long term tenant lined up & the unit is a non smoking unit, which the applicant is aware & fine with for indoor. He disclosed that he has a medical marijuana card but would only smoke outside. Some ...