What does a lender typically require in terms of issuing a mortgage loan to a newer LLC for its first property purchase? if it matters, this would be for state of Nevada or Arizona.Thank you
The situationHouse is rented for $2,200/month. Property is currently in a bridge loan ($2,200/mo). Rehab took much longer than intended for various reasons numbers quit working as interest rates went up. I'm self empl...
I have my primary residence & 3 residential, one owner occupied commercial all free & clear, one rental commercial with a 6% interest only mortgage that ends in 5 years. What’s the most sensible way to cash out?
My wife and I recently got a divorce. For that last several years I have done very little real estate investing because she didnt want me to do it and wanted me to focus more of my time on our family. Well, that didnt...
hello, first post, thanks for any help.My home is worth 1.25M, loan is only 350k, tried to get heloc, but bank will only give 200k because of my income. So I have about 900k in equity, was hoping to get a heloc for 50...
I rewrote this a few times I know its a handful, thanks for looking. Feel free to shoot holes in it.Got a q for you BP. I am doing a 1031. I have a CPA and a QI. I understand that advice here is not professional, even...
Looking at a SFH as first time investment [cash deal]
House is located in excellent area with plenty of jobs and hot market for houses
Overview:House is super clean and requires no repairs
Cost of house is $180,000...
I am debating about selling my 70 year old duplex in Los Angeles and buying 2 newer houses in Indianapolis. I owe 324k and after all expenses are paid I average about 7k a year profit (rent is $2,700 a month). The ho...
Wholesalers. You're used to doing a short term deal for a decent return on your time and leg-work. I have a hypothetical scenario that would go into the category of creative finance.Buy and hold property for sale off ...