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Hello,Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4....
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I was wondering if anyone has had any experience in guaranteeing a loan for a SFR tenant?
I have 4 properties and would like to be able to sell one house to a tenant with a lease option contract. After reading some of...
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Hi, my name is Austin Bull and I'm a new REI from Arizona. I'm 26 and work an hourly job as a mid-level plumber. The hurdle for me right now is that with my pay rate, I can only get pre-approved for a little less than...
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I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...
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Someone once told me that he "builds or purchases and repositions" at 75% of FMV. Then, after 3-12 months, he refinances at 100% FMV and they lend him 75% of the value, meaning that he got all, or most, of his money b...
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Hi All,I've been learning about pre foreclosure leads as possible deal sources. People who teach this subject are always referring to how you're helping people by purchasing their home and saving them from foreclosur...
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Hi,If I didn't have enough down payment to cover 20% of my mortgage, I obviously had to add mortgage insurance to my total loan. When I'm able to accumulate more savings, other than refinancing my mortgage and costin...
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Just starting out should I buy single family homes or multi family?
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Hi everyone can someone please explain to me the difference between a hard money Leander and a privet lender. I want to acquire a down payment for a 9 unit. Thanks.
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A friend of mine is in a difficult situation. He's "way underwater" and in danger of losing his home to foreclosure. BofA has a first and is in the process of foreclosing but there's a private lender who has a secon...