Abhimanyu Aditya
US Citizen with Foreigner as a partner
I am a US citizen. My parent is an Indian citizen. She has some money she wants to invest in the US in a real estate condos we can rent out.
She is happy to have everything go through me, i.e. she transfers the money...
Ben Weis
Partner's parents offering rental as gift to sell for new home
i’d love some help with my first time homebuyer situation. i’m engaged. we live in oakland california my partner’s family is in the bay area. they own several rental properties. they have offered one of their rental p...
Natalie Kolodij
How plausible is this?
Basically I've come across a really unique property on MLS that is a duplex and SFH on one lot. - Duplex units 2/1, 800sq, basement with W/d - Renting for $1,100 Each-House 2/1 1200, basement with W/d - Renting for $1...
John Cassel
Deal in danger/financing issue
My brother and I are currently have a contract to purchase a triplex in our area for $134k. We are planning on doing conventional financing at 75% LTV which makes our down payment and closing amount around $40k. Ori...
Jing Chai
What to do with your primary California house that has $1M equity
I was fortunately enough to be gifted a house back by my parents and now there is over $1M in equity in the house that's in the SF Bay Area. On Redfin it's about $1.35M and there's $245k of loan on it. Because of COVI...
Michael J Scanlon
2-4 unit home possible
I have some questions regarding home possible, all pertaining to 2-4 unit properties. Can a buyer who will occupy use a non-occupying partner to buy the deal and split ownership?Can a buyer who will occupy borrow fund...
Account Closed
Guide to Credit Card Hacking for Flippers!
I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...
Sandeep Singh
Is seasoned money required for a commercial loan
Hi I am interested in buying a 6 unit multifamily. Does a commercial loan require seasoned money if its 25% or 20% or I can come up with other ways to come up with the down payment. Also does a 401k qualify for reserv...
Savannah Leigh
overseas lender and/or buyer for u.s. properties?
i was approached by someone from overseas about being a lender. favorable terms, nice limits, agreeable on the draft contracts i supplied, etc.
since i hadn't been looking for overseas money i was surprised by the...
Muhammad Tariq
Borrowing Investment Property Downpayment
I am an investor in Grande Prairie, Alberta. Are Canadians allowed to borrow downpayment for investment property? I know you can use HELOC but I don't have enough equity in my home currently to borrow against it. Is i...