DeAndre T.
I found a FSBO and would like to proceed with a Subject to how do I proceed?
Here are the details:
I found a decent house in a decent neighborhood that will rent at a fair amount.
I have not called the owner because I do not know exactly what to say. How do I approach?
The...
Patrick Rabalais
What should my Down Payment be?
Looking to get in to my first deal. Targeting a single family home requiring zero to minimal repairs to rent out. The goal of the property will be cash flow. My thought is to hit a 70% LTV (which makes my down payment...
Jeremy Fields
Preparing an Attractive Lease Option offer
I have a townhouse owned by an out of state landlord that is up for sale through a wholesaler. The wholesaler would like to persuade the owner on a lease option purchase and has asked for me to send an offer over. Wha...
Troy Smith
Buying new property and renting current property
I know that generally 20% down is required when purchasing an investment property. If I buy a new property as a primary residence and move into that new house, will I still have to pay a down payment for an investmen...
Jenny Ng
Unable to understand…please explain
Hi, please explain the information at the end of the post to me as I cannot sleep thinking about it. My lender is not returning work for a few more days so I wanted to ask this group about seller concession on a conv...
Andrey Grebenetsky
Newbie from Dallas, TX - buy a duplex or a fourplex?
Wanted to post this to introduce myself and run my logic past people who have more experience than me. Feel like I don't know what I don't know yet so it would be good to see holes poked in my logic here:Hi everyone! ...
E J
Equity and Different Solutions for Homeowner
Ok, so I'm trying to figure out what I'm going to say to homeowners after they give me their property information. It seems as though the level of equity in their property has a big impact on what the seller's options...
Charlie Gould
Tax consequences of selling homes with Contract For Deed?
I have a W2 job that pays me well.I am considering selling my investment home using a Contract For Deed.I will own the home free and clear before I sell it.Payments I would receive from the CFD would be $600-$700 per ...
Christine Wilcher
FHA loans for house hack
Hi all,
Would I qualify for another FHA loan and potential grants if I have 2 rental properties in my name already? Would it be a good idea to transfer these rentals to an LLC in order to qualify? I like to purchase ...
Mike Dawson
Condotel at 10% APR??
So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. Anyone have any insight?