Carlos Webel
Owner financed offer and amortization schedule
Dear all,I’m working on a 3/2 SFR rental lead in Houston Metro area. Asking price is 175k$ and I’m coming back with the following 2 offers: a)160k$ cash, no contingenciesb)175k$ Owner financed with 40k$ down and 135k$...
Joas Espinoza
Student Debt and Financing
I am currently holding a few student loans amounting to about 20k, would this hinder by ability to obtain financing for a rental property or any other type of real estate? Should I just hold off until I've paid these ...
Ryan Tell
Eligibility for Capital Gains Tax Exemption
I'm under contract for a new home purchase which will ultimately be my primary residence after selling my current home. I'm trying to figure out the best way to finance and avoid capital gains tax. I would like to use...
Tariq B.
VA Funding..Putting the Misconception to Rest.
Hello Fellow BP'ers,So I am going to put out there a piece of information that I have been told over and over again by so many people, and just took their "information" for truth since I kept hearing it. Naturally I a...
Jesse Soriano
Will bank give you two mortgages at the same time?
I don’t have any investment properties yet. I have over 100k saved up in my 401k and I can borrow 50k. I was planning on buying a duplex cash. But I decided that its better idea to just use finance and buy two duplexe...
Cydy Palang
What is note investing?
What is note investing? I heard about it at one of the Biggerpockets podcast and it got me curious. It's something to do with lien and deed. Will you help me understand? :)
Chad Smith
Use 401k for investing...?
I am looking into an option for financing properties I plan to rehab, refinance and hold/lease. I'm short on funds and trying to find if it makes sense to use my 401k to help fill some gaps on capital with the plan t...
Aaron Sauer
Avoiding HELOC early closure fees
Let's say someone has an interest only line of credit secured by investment property, and that line has a $100k limit at 5% (using round numbers for easy math). Bank pays closing costs for the LoC, but borrower is re...
Julian Dozortcev
FHA LOANS
Hello All, Can someone please answer this question. Am I still eligible for an FHA loan if I have an LLC with a partner and bought a 6 unit apartment building under the LLC?Thanks
Yengkong Sayaovong
401k to purchase investment homes
Have anyone used their 401k to purchase homes? Recommended or no? After so many years my job finally offer 401k. I was thinking of contributing to it as a savings to buy investment homes. The investment itself is not ...