First, some background info; I am working on buying my first rental property. I am planning on financing it with a home equity loan on my residence which I own outright. This all hinges on the pending appraisal of my...
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So I currently own one SFH which is rented. Heres my plan for the second/potential third:I have the opportunity to buy a SFH (currently rented) for $105k that has been appraised at $120k. I want to take out a hard m...
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Someone asked me this question the other day. They had several properties with high interest rates which they couldn't refi conventionally, but they were able to find a portfolio loan. He is wondering whether or not...
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I've learned so much lurking over the years and I'm very grateful for all the wisdom here. I couldn't find the answer to my specific question in the forums.My husband and I have just 3 small rental properties (duplex,...
Trying to get a ballpark estimate of numbers to: A) Buy a manufactured home (newer than 1976 - not too fancy)B) Transport the mobile home (50 miles)C) Connect to city utilities.
The lot I own has utilities on it. An...
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Where do you get your list for people about to go into foreclosure or people who are distressed homeowners?
Have any tips for door knocking? Let's have a discussion. Would love to learn more about this topic :)
Th...
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What is your view or rule of thumb on refinancing a rental property after you have gone thru BRRRR strategy? again is it 40% equity vs loan? or 30% equity vs loan? again I'm looking for some insight as I have several...
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Hello everyone
I am completely new to this community and investing real estate. My situation is that I have about $200,000 self directed IRA that I want to invest in rental properties. What is the best way to do this...
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Hi everyone, I’m a novice investor just getting started and it seems like short term EMD lending or “gator lending” is a great way to go. I have an investor looking to borrow 10k for an EMD in Austin, TX. Is there an...
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The HECM is for the senior market, age 62+. I am an agent with a very large carrier (think about Marlin Perkins from Wild Kingdom :) and this FHA insured loan is the only loan for which I originate. Many seniors, 62...