Jacob Turner
seeking advise about a mentorship I was offered
So I have a family friend that has been in the real estate investing field for 15 years and is very successful at it. I confronted him and told him that i want to start getting into real estate. He has been helping me...
Afrothiti Manolis
Sent out leases without putting my property into an LLC
Hey all!I plan to open up an LLC and transfer my property into it. I already sent the leases to my tenants where I don't mention my soon-to-be LLC. Is this an issue? I was going to set up a series next week (getting h...
Nathan K.
HELOC on Investment Properties
I need some guidance! I have a few rental properties and am ready to keep growing my portfolio. I'd like to take out a HELOC on one of my investment properties in order to make another investment. The mortgage brok...
Richard Nash
Property Owner Question
I need some help from some smart people. I recently saw a post on craigslist about a house where the owner said she wanted sell her contract to an investor since she was out of town and didn't want the property. I ...
Sean Mcguire
Should I wait it out?
I'm in the Minneapolis area and have recently filed chapter 7. I'm also a vet. The VA will not lend to me until Jan of 2016. Is there another source of financing that is doable for a beginner? We used to live in a...
Irfan Ali
Investment Home vs Primary Short-term Vs Primary Long-term Home
Objective: To create real estate equity and rental income with saving of 70k toward home investment or primary residenceSituation: Buying Rental Property or Short Term Home Vs Long Term Primary HomeBackground:We curre...
Sheldon Jones
Buying 4 properties should I combine into 1 loan or 4 separate?
I am looking to buy four rent and hold properties from an investor who is selling them all together. Should I get one combined loan ,or four individual loans? I want the pros and cons of both. I have plans to purchase...
Dave Craig
Options for financing the remaining balance after taking over an assumable mortgage
I have a good opportunity with an off-market deal that is currently exclusive to me. The purchase price is right and the seller has an assumable mortgage in place at a very good rate. The problem is that the mortgage ...
Dyami Pike
Second home mortgage
I talked to a lender the other day about options as far as mortgages go. Has anyone used the second home mortgage? I noticed it had a lower down payment (10%) and as long as you occupy it for 14 days a year or 10% of ...
Diego Corzo
Best way for investors to buy rental property in Austin
Hey BP,
Two friends and myself want to buy a rental property (SFH) in Austin, Texas.
We want to get a conventional loan paying 20% down.
What will be the best way to go when we structure the purch...