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Hello All,I am attempting to purchase my first rental property. I'm looking to get a 3-4 unit multifamily home and using an FHA loan and owner-occupying it for a year. My question is once the year is over, assuming th...
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New to the website and looking into accelerated mortgage payoff. Does anyone have experience doing this with HELOC, LOC or extra payments? Seems like a simple strategy. I would like to discuss what works, what does...
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My friend and I are realtors in TX, we can't wholesale due to working with KW.My friend found someone who inherited a property via probate,. Wholesalers called the new home owner with the highest cash offer being 135k...
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Hello all, wanted to pick some brains for my owner finance investors. I've secured some owner-financed properties on 7-year balloons. Planning ahead, I want to know what you recommend when it comes to refinancing. The...
Hi All,I am hoping someone can give me some advice regarding an issue I currently have –My in-laws plan to give us their holiday home to live in and we will repay them for the property with a loan at 0% interest.The p...
Hey all need some advice. I want to buy an LLC. The mortgages on them is $450k. They appraised for $950k last year. The seller wants to avoid transfer tax and I want to avoid putting a down payment. The credit union w...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $260,000
Cash invested: $5,000
This was a short term lease option agreement to help the original owner get back on tr...
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Hello BP friends, I am in the process of closing on my 1st investment property. Yaaah! My lender wants to know if I want to escrow my property and Homeowners insurance. I have no info on which is preferred and if escr...
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:D Brokers, Realtors, Direct Lenders:
I am COO of a direct commercial lender based in CA, currently offering financing in 47 states. We offer NINA loans - no income, no asset.
I'm looking for big-timers who want ...
Is it possible to start real estate investing in college? Besides being able to afford the down payment of 3.5% with an FHA loan, can you even qualify? Will lenders qualify someone who is making less monthly than the ...