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When borrowing a smaller amount from family, say 25k, for a downpayment, is it at all common to do a 30-year ammortizing loan? If so, what rate? Is 7.5% 30 year ammortizing reasonable? I want it to be attractive to th...
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Hey Guys,
Really appreciate any responses and guidance here.
This is my first investment purchase, property is in Livermore California, and we are in closing. As I type this, I am reviewing the disclosures from...
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I'm 18 and have no credit history. I've only worked 2 part-time jobs so far and am starting a new one in July. I have sufficient funds for down payments but I won't be able to get any mortgages and I don't know how...
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Hi all –
I wanted to get the community’s take on this all-cash deal for a multifamily unit. It’s in a very good part of Cleveland, hence the ARV. I plan to get a mortgage after 6-12 months, so my analysis will in...
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Any advice from those in the know, as to the paperwork to use when sealing the deal on an owner financed purchase on a free& clear property?
Simplicity rules the day, the idea is to have it pro buyer, legally iro...
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Hi everyone,Working on my first property: I've put in an offer on a 4br 2 ba townhouse for $80K in an area where the townhomes like this one are going for $120K and up. It was accepted and I'm now to the point where...
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I am in talks to partner with a firm that specializes in short sale negotiations but buys alot of the deals that come in and mainly
flips them.
I have been focused on building my multi family portfolio but don’t h...
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I've been investing in real estate since 2012 and have paid with my own cash for all my properties so far. All my properties are fully rented (with the exception of the last one which is being renovated).Now I'm inter...