EJ K.
Renter qualifications not all there
Hello,
A divorcee stay at home mom of 3 wants to rent my unit in IL. Divorce is not yet finalized.
She is a part time teacher and does not have the needed incomecredit score 740.She has 240,000 in bank. Willing to p...
Matt Holmer
Owner Financing: Actual (realized) rate of return??
Good Morning-There are a few duplexes in my local area that look great, but due to lack of funds for a down payment, seller financing might be an option. The properties are owned free and clear. Before I try to make...
Paul Nguyen
Should I buy a condo to rent out?
So I plan on getting into the rental business. I noticed the prices of condo units are much lower than the single family homes in the surrounding areas. I am thinking it would be much easier to rent out a condo versus...
Mike Gentry
Owner financing with escrow - Late fees and accounting
If selling a home using owner financing, how would you account for the following example? This is in Florida by the wayMortgage payment - $1000. Loan - $800Escrow - $200Late fee - $80Questions A. Lets say that the b...
Nikki Closser
How to repay the initial HELOC or cash out?
Hi! This is my first post and I'm new to listening to the podcast and my mind is blown! I was listening to episode 270 and at about 21 minutes, Amy talks about how she did a cash out refi on her primary home and bough...
Nick Luongo
Maintaining first time homebuyer status
Thanks in advance for any help on this topic
I am in the process of purchasing a condo in Massachusetts using a first time homebuyer loan program (not FHA or Mass housing). It should close sometime in late February '...
Zaid Bender
Multifamily Real Estate Investment Loans
Do you prefer agency loans such as Fannie Mae and Freddy or regular Banks?
Dennis P.
Want to buy a plex to rent
Hi everyone,How does one become a landlord? Granted one has a great credit history and a sum sufficient for a down payment. Can you please share how you started or point to resouces that can be helpful to someone look...
Roy Puli
Should I buy a personal house first in Silicon Valley?
Hi,
Background : I work in one of the tech companies in the bay area. I currently live in a rental unit 10 mins away from work which costs about $1600 per month including utilities. Pre-pandemic this was $2000. So it...
Nick LaRocca
What exactly is real estate syndication?
Ever since I got into real estate I've had a few questions raddling around in my head about syndication that I can't seem to get straight:
1. Are developers syndicators or do they use syndicators to finance the equit...