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Results (10000)
LEONID ORLOV Making a loan for purchasing income property from Solo 401k ..
6 July 2012 | 11 replies

I am contemplating to make a loan from my solo 401k to a friend.
The loan will be secured by the property.

I would be interested in a word of wisdom on how it is properly done to avoid trouble with IRS and/or loosing...

Patrick Philip Can someone give an example of how to make money with sub2?
27 June 2018 | 4 replies

I get that you're assuming someone's mortgage. So you just start making their payments and that's the only cost?Then you act as the bank and owner finance the property to someone else, while collecting a down payment?...

Adriana Han Rent to Own
15 October 2011 | 1 reply

In 2005 my ex and I bought a property under his parents name.

He no longer wants to pay for the loan. I am willing to keep paying the mortgage as long as I am protected.

I was thinking of making a rent to own agree...

Tabitha Jones Financing when DTI is too high
27 September 2020 | 3 replies

Hey Everyone! 
So I went to be pre-approved for my first investment property, but was denied by 2 lenders because the property would put my DTI too high. I have good credit and enough cash for down payment and closin...

Mark Saxon Seller as Private Lender
25 June 2013 | 2 replies

My credit repair guy just told me that the owner of the property I want is willing to consider selling on a land contract. My credit is 580 based on Equifax's FACO, and the seller has been lenient so far in waiting f...

Chauncey Ponting Mortgage insurance increased! Can they do that?
16 March 2023 | 4 replies

I have a mortgage on my home through rocket mortgage. I received a letter say my payment is increasing do to the mortgage insurance increasing. Is this legal? I’m assuming it’s because I have a 2.75% interest rate and...

Tim Czarkowski Own lien and would like to negotiate on first
11 July 2012 | 3 replies

I purchased a HOA lien recently at the county auction and have taken possession and rented the condo, now I would like to at least attempt to negotiate the payoff amount with the bank that owns the first mortgage. The...

Neil P. Looking to get a line of credit w House Paid Off Fully
25 May 2021 | 3 replies

The house is paid off.
Investment house. Local bank said they cant provide but can provide a 5 year fixed rate which would start right away which i do not want to do.
What bank can get me a line of credit? I am ...

Harel Nadav How to claim proceeds on 1099 at the end of the flip
18 September 2017 | 2 replies

Hi All,My question is a little complicated but I am sure (or at least hoping) i am not re-inventing the wheel here :).I went into a deal (flip) with a partner. We purchased the house at $500K ($495 to be exact), under...

Brock Pellerin Purchasing SFH from relative
9 November 2018 | 1 reply

Hey Everyone,So my girlfriend's mom is looking to sell her home right now and we are interested in buying it.  The house was originally purchased for $120,000 and after remodel can sell for about $150,000.  Her mom ha...