William A.
What to do with inherited farm land
My siblings and I inherited a small farm land that has been leased for for years. One of the 40 acre tracts generates about 5000/year in rent revenue. The land is debt free, and taxes are very low. Real Estate price...
Jacob Beg
FNMA mortgage qualification question?
Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...
Michael Episcope
Portfolio Managers Forecasted Returns Explained
If one portfolio manager forecasts a return of 20% on a real estate investment and another one forecasts a return of 15%, which one is the better choice?Answer: It depends on several factors. With hundreds of real es...
Stephen Staehle
Going to college wanting to do Real Estate
Hey everyone, I'm Stephen from Pottstown, PA. I'm also in a bit of a pinch. With attending community college in the Fall I cannot decide on a major/career choice whatsoever. Was looking to get into business administra...
Page Weil
How is DTI calculated and when am I safe to buy another door?
How do underwriters calculate DTI when I have several leased rental properties? This may seem like an obvious question, but my last experience is that there is more to it than [rent payments] - [PITI] - [1% repairs]I...
Mark Beekman
Opening Home Equity Line of Credit Good for My FICO?
I have a current FICO of around 740. I have a consolidation loan with a $9,000 balance, a car lease, and two credit cards. I realize that opening a new line of credit hurts your FICO in the short term, but I'm wonderi...
Marcel Lorincz
Taking out HELOC on Prim. Residence to buy Inv. Property
Hello,I know there were similar questions already asked, but I would like to ask this specifically:1/ Can use HELOC from my primary residence to buy an investment property and be able to deduct HELOC interest as busin...
Javier Lombera
Any tips for owner financing with outstanding mortgage
I come to a deal where the seller maybe willing to offer owner financing but there is a mortgage on the property and because the due on sale clause, I don’t know is the owner financing would be a good option on this p...
Joseph Koury
7-Unit Condo Project in Westport - Kansas City
Investment Info:
Large multi-family (5+ units) buy & hold investment in Kansas City.
Purchase price: $420,000
Cash invested: $100,000
Contributors:
Ben Steelman
7 Condos in an 18 ...
Jeremy Bohnett
Loaning or Contributing to your Partnership LLC?
We are a two-member LLC (for real estate buy and hold investing) where each member has 50% ownership. Each member contributed equal amounts upon opening of LLC earlier this year and there have no distributions to date...