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Hi all -- I am looking to purchase my first rental property (yes, newbie).I'd love to gain recommendations of loan products that I could leverage in order to pay the 25% down without sacrificing credit/convential loan...
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Hi Guys!I'm interested in pursuing pre-foreclosure deals in Baltimore County, MD. If I don't have the cash to purchase the property outright, what financing options make the most sense for this kind of deal? I underst...
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Key Points
-Duplex- FHA=3.5% down. Conventional= 15% down minimum
-3-4 Units- Must be FHA and pass the self-sufficiency test
-VA Loan- Zero down for 1-4 units!
Action
-Connect with an investor friendly lend...
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Background: a couple years ago my brother had his wedding rehearsal dinner at a winery near my mom's house. We only knew about it because a friend of the family lived on the same road as the winery since the current o...
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With there being numerous ways for investors to purchase a property, it's important to know some of the some of the more common financing options and their pros and cons. As always when considering which option to go ...
I lifelong friend has been renting his house here in Illinois for the last 5 years but lives in Arizona. He is willing to sell me his Illinois home for cost. He's currently checking with his mortgage company to see ...
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Hi BP,
Looking for some advice here. I have a buyer for two lots, but they are short on cash. We were considering seller-financing or lease-optioning. There are pros and cons to each of these, including all t...
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New investor considering a package deal of 5 low valuation homes. All currently rented. The rent/price % ratio and cash on cash numbers look strong. My concern is financing. Even if I have 20% down, will a bank len...
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I currently have another vacant land under contract for $35,500. ( I am trying to wholesale the land). I received an offer from a buyer to purchase the land. He says he has good credit but his debt to income ratio ...
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With renting I know that I have to fix stuff when it breaks and right now I don't want to do rentals
With lease with option to purchase when something breaks who pays for it even if I put it in the contract ...