Christopher Brimager
Hard Money Lender Expectations as a Newer Investor
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...
Zach Soucy
Acquiring My Next Rental Property
Hi, My brother and I got into real estate investing a few years ago and finally made the jump in a year ago this month. We bought our first rental property and have consistent cash flow (about $1,200/month).However, w...
Bob Malecki
Dodd Frank and balloon payments using contract for deed & LLC
According to the article linked below, Individuals and Trusts that seller finance one property or less per year (to an owner occupant) can implement a balloon payment. http://www.biggerpockets.com/renewsblog/2014/01/1...
Brent F.
How to use LLC
Hey guys. I finally picked up my first flip after 5 months of trying. I used a conventional loan so the house is in my name. I opened a LLC for my tax write offs and I'm looking at a 20k rehab.
My question is how can...
Eamon Conheady
Do not use this lender!
I was purchasing a multi family through an IRA LLC and was utilizing debt to finance it, requiring a non-recourse loan. Was given the contact info for:American Money Loan Services and the person’s name, Tom Vanderlaan...
Aaron Millis
FHA and VA loan
So from what I've read in bigger pockets books and seen online you can use an FHA loan and a VA loan to purchase multi family properties if you live in them for a year, and maybe some other rules I'm not positive abou...
Cesar Lara
Memphis Portfolio Lender
Any good recommendations for a Portfolio Lender in the Memphis TN area? Looking to purchase a rental portfolio of 4 SFR properties. Any comments will be appreciated.Thank you.
Darrel Maxam
Basement duplex build out
I am purchasing a home that is a 3/2. In the 80s it was a duplex. The basement was a livable space based on the tax records. When the deal finalizes I would have put no money down due to VA home loan. After closing in...
Account Closed
My First Investment Property: Live-In Flip, Columbus, Ohio
Investment Info:
Single-family residence fix & flip investment in Columbus.
Purchase price: $182,000
Cash invested: $10,000
Purchased my first investment property as a live-in flip back in late A...
Thomas Pellegrino
First Time Investing- Effects on DTI
Hello everyone, I've been looking to get into real estate for years!! I finally have enough money and a decent job after finishing my masters. I am having one small hurdle I for some reason can't figure out mentally. ...