Hello,
I was told since I don't any property I could do s conventional loan for a property and say it's my primary residence and then I could immediately rent it out without having to live in it. This would be my pre...
I have a question regarding modifying a defaulted 1st lien on a property. Here is an example. The original payment was extremely low, say $200. It was since defaulted on years ago, and now arrears have accrued. Is the...
Hard Money Lender Expectations as a Newer Investor Like shopping for cell phones, finding the right Hard Money Lender (HML) can be quite perplexing. With all details in hand, there still never seems to be a true appl...
Hello all,
I am trying to decide if I should jump on the historically low rates currently and refinance my SFH rental. I put financing on it last year (15-year fixed) at a 4.375% interest rate. The rate I currently...
Would you take a deal that results in zero cash flow but doesn't require you to put any money down? I have a 4-plex that I am considering buying from the owner. He has offered to finance the deal and I have negotiat...
Hi all, I've successfully completed a couple fix/flip projects to generate some cash I'd like to put towards a quality multi-family. The inventory is very low for multi-family in my market but rents are good and in h...
I am seeking to buy a 3/1 SFH in N Central FL from my in-laws in order to rehab and rent. A few questions:
1.what is the most tax efficient way to acquire the home for both me and my in-laws?
2.if my in-laws think th...
I'm aware of the advantages of having a park 100% or at least mostly tenant-owned homes.However, during the process of converting park-owned homes over to tenant-owned homes (using some form of Rent Credit format), wh...
To all my active duty investors, you have a competitive advantage right now. For the most part, you will be unaffected by the economic downturn. Use the job security you have now and the VA loan to grow your portfolio...
I get this question all the time....How can I save money and make sure I am the most profitable. While I can give you my speech on the importance of a good management company, making wise investments, etc I believe, i...