Jessie Niu
Advice PLEASE! Can't use gift money for investment property??
My mortgage broker just told me that I can't use gift money from my parents as down payment for investment property due to the rules from FHLMC and FNMA. What? I never knew this! The mortgage company can't give me the...
Dan Desler
Using a 'gift' for a down payment
Hi AllI am looking at getting started at investing in rental property this summer. I have only been in the USA for 4 years (emigrated from the UK), so I don't have too much capital or equity in my personal home, 401K ...
Fernando Garcia
Can you refinance a property you paid cash for?
To begin, I apologize for my ignorance if this is question isn’t valid.
I have the ability to borrow cash in order to make a deal and close quickly. But I don’t want my cash “lender” having to wait 1-5 years for the...
Steven Balderrama
what is Listed by Bank, Loan Issued, and "Foreclosure Auction?
Hello all and thank you advance for taking the time to read this, i will try and make it brief:i found a foreclosed auction home i am interested in buying for myself, it says Listed by bank 250k, foreclosure auction 2...
Darwin Hernandez
Inquiry into "Inkgility"
Has anyone ever used Inkgility for any marketing purposes? I know they make great business cards but I am curious about their website creations and all the other services.
Paul Siu
Hello from L.A.
I came across this site while trying to search for REO info. people seems very friendly and willing to help in this forum. So I decide to join. Nice to meet you all. A little bit about my back ground. I started i...
Nathan Vaught
BRRRR strategy using leverage
If you are leveraging a BRRRR deal. Is it possible that the amount you receive from the bank when you refinance would not be enough to pay off your private lender? How are you suppose to pay off your private lender wh...
Account Closed
Josh Cantwell
Hello friends,I have been accepted in the Josh Cantwells immersion workshop.Hands on experience and coaching. I have read some of the posts on this siteand it seems the views are mixed but not definitive. Can anyone a...
Brian Kraft
1031 Tenants in Common Ins and Outs
In the end, I'd certainly get qualified legal/tax advice, but I'm looking for some more initial information here. If my wife and I sell an investment property (held in our names) and do a 1031 Tenants in Common exchan...
Michael Shane
wanting to purchase rental properties
So for a long time i have wanted to get into real estate investing. I want to start purchasing rental properties and am unsure of where to start. I am finding a lot of properties in my area, mainly looking at multi f...