Angel Alcantar
Who is considered a "Friend" for down payment Gift FHA
Hello.I know to received a down payment gift for an FHA loan, it has to be from: Your relativeYour employer or labor unionA close friend with a "clearly defined and documented interest in the borrower"A charitable org...
Karoline Kaon
Can I Cash out refinance my home for an out of state property?
My husband and I recently purchased our first property in Florida with cash. I will move to New York for graduate school and plan to buy a home using the BRRRR method. We hope to homestead the house in NY and retain o...
Jon Panuska
Using HELOC for max benefit.
I am looking for the most effective way to use a HELOC and or cash to finance rental properties. I currently am not buying as the market in our area seems overpriced. (Usual for August and September )I have a HELOC fo...
Ben S.
Difficult to get personal mortgage with rental income?
I'm considering when I might move to full time real estate investing, with my primary income as rental income. Will banks give a mortgage on a primary residence for myself based only on rental income? Do I need a long...
Michael Farrugia
Using a Corporation to purchase a flip
I currently have a home improvement business that is incorporated. Are there any benefits of purchasing properties under the corporation?
Jason Brooks
Finding a Self-directed IRA
I was thinking rolling some separate investment accounts into one SDIRA. I have a employee 401, a separate investment account and an IRA I would like to merge. I wanted to know if this was a good idea. If so is there ...
Breton Van Syoc
Having trouble getting a loans please help!
What if you have 20% down payment, 900+ credit score but can't get a loan because you are self employed and can't prove 2 years of income stability. Income over 6 figures per year. Recently laid off from BP and start...
Sam Prindle
Mobile Home funding sought
Hi all!
I have a client that would like to invest in a mobile on its own land. Here are the details - the home was manufactured in 1990 and is a singlewide. It's on a slab with a 1.22 acre lot with a shared well. ...
Sam Prindle
Mobile Home funding sought
Hi all!
I have a client that would like to invest in a mobile on its own land. Here are the details - the home was manufactured in 1990 and is a singlewide. It's on a slab with a 1.22 acre lot with a shared well. ...
Angel A Dieguez
Looking for an investment property in DFW. Any advice is welcome.
I been looking to purchase an investment property, but so far people have been paying over listed price? Any tips on how and where can I find good deals?how much is too much?