Brian Pleshek
Acceptable Forms of Rent
I've been a landlord for most of 20 years. But I've been a small fry. The most my wife and I have owned was 5 SFHs at once. In the past, payments were accepted by personal check or cash. These properties were in B- ne...
Rhea Jackson
Buying rental properties
Hello everyone,
I've been hearing around that putting 20% down is the minimum to buy most rental properties. Is that true?
Elliot Smith
Buying a Duplex for what seller owes
Hey I am looking to purchase a duplex that I got off my mailers. The owner said she just wants to be done and will sell it to me for what she owes. My thoughts are that I want to buy this with a contract where she sti...
Alex Ewing
FHA Financing Strategies - Owner Occupied Multi-Family
I'm new to investing but am excited to get started. I am exploring a strategy for multi family investing. I have many friends who are currently renting. What I would do is partner with one of these individuals to pur...
Dalton Russell
Tucson to LA: Refinance or Limited Simultaneous VA Loan?
Greetings! Currently a 1st Lt stationed in TUS. I want to move to LA in 2 years and rent out my current SFR in Tucson. How can I make this happen?Current SFR (Oct 2019):Original Loan Amount: $190k (30 yr fixed VA Loan...
Grace Fukuda
The possible lending option for property purchase?
Hello,
I am in a contract a quad-flex property D priced 225k - inspection is completed, and in the middle of finding a lender. I’ve already spoken with my local lender but I realized I am short in down payment of 25%...
Rivy S.
First Successful Wrap!
I've been focusing on wraps instead of rentals because I find that the margins here in the DFW area are really tough to cashflow for rentals (if you are conservative with reserves). Also property taxes go up so much a...
Drew Poniewaz
Subject to and Seller Financing in St. Louis
I want to take over someones property and then seller finance it to a tenant buyer in St. Louis Missouri. What will/should I expect to happen? -will the bank call the loan due? or just threaten. Will I be able to expl...
Luke Schumacher
Seller Finance BRRRR
Quick question to any one with experience or lenders out there!Im looking at an opportunity to buy a 3/1 brick home in Denver with seller financing. Its a shorter term though, 500k at 2.5% amortized over 30 years, wi...
Thomas O'Donnell
ASSUMABLE MORTGAGE ADVICE NEEDED! PLEASE & THANK YOU
Hey guys, so let me explain my current situation and then ask for advice. I currently live in one side of a duplex and the payment is $2500/mo. I am currently trying to rent out the other side but have been struggling...