Josh Braun
Need help on my deal - subject to taking over mortgage payments
Finally landed my first subject to deal, but I need some help in getting it done. Scenario is as follows:Contract to puchase property will be at current mortgage balanceSeller is willing for me to assume his mortgage...
Michael Kimmell
Commercial loan question
So I have been in the SFH and duplex landlord business since 2003. I was very lucky and sold in 2006 and starting buying again in 2011. I am at the point where starting to look at apartment buildings over 4 units. I h...
Jessica Hood
Advice needed on Capital Gains and Paying Off Debt
I am about to list my current home for sale. I am in contract on another property. I have about $50k to $60k in equity on the current property. I would like to roll half of that equity into the new property and use...
Tamika Malcolm
How to use 401k for investment properties
I am newbie and would like to use my 401k to buy my first property any directions would be greatly appreciated?
Mohamad Bachir El Ghandour
Loan amount owed in a property.
Hello everyone.My I'm trying to find out if there is any app or website service that can give me the amount owed in a property. Please let me know if you guys know about one and which.Thanks-Mohamad
Bradley Russell
How can I buy a second property with equity from my first?
I have ~$70K dollars in equity on house 'A'. I would like to purchase a second property (call it 'property B') and then move into it. The median home value in Utah -where I live- is $345K. If I rent upstairs and down...
Robert Jones
How is personal net worth calculated with rental properties?
Whats up BP. I have a quick question about net worth and REI. Are rental property mortgages calculated in net worth? For example, If I purchase a 100k rental property for 20k down and take on an 80k mortgage, would my...
Jean Claude
Down payment Seasoning
So I have a few rentals already but like everyone else I am looking to expand my portfolio. I have talked to a few private and hard money lenders and came up with an idea i would like to try. I have a discover card wi...
BJ Henderson
Catching Up On Back Payments - How To Structure This Creatively?
I have a seller that needs to keep his home from going into foreclosure. It's to be auctioned off tomorrow.It's a 3 bed/2 bath 1340 sq ft ranch style home.He says the he currently owes about 29k to the mortgage compan...
Jason Green
14 Unit Apartment Financing
Looking at a 14 unit apartment complex in 3 buildings. NOI is really solid. List price is $550,000. Question I have, what would financing look like on a multifamily deal? Should I just go to a local bank or seek out F...