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We are in the early stages of considering investing in a multi family property as an investment. We are considering doing a cash out refi on our primary residence as we have considerable equity in the property. We wou...
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Seller has verbally agreed to entertain an offer for seller financing. I feel that the seller could better understand the numbers if they were shown clearly on a form. Does anyone have an example form or template I ca...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $205,000,000
Cash invested: $40,000
4B , 3 fuel baths 3,000sqft
What made you interested in investing in t...
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Im trying to get my finances in order before I apply for a mortgage next year. I have no debt so my only payment would be a housing payment. Do lenders use .43 DTI or is it lower seeing as it's only a housing payment?...
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Have been looking at a triplex in Oakland, CA, the details are:- One 3 bd 2 ba with 2 car parking and deck. Entire 2nd floor. Currently rents for $2,400.- Two 2 bd 1 ba with 3 parking spots between them. One unit rent...
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Someone I knew in high school contacted me recently as she is desperate to sell her house, to the point she may just foreclose to be done with it. She asked me if I would or knew anyone who would would be willing t...
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We are speaking with a seller at that still owes $70000 on his property. We offered $100k cash and he is not interested. He said he would be interested in creative or seller financing. Is there anyway to do this wi...
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I closed on my first commercial property last November - a 6 unit all residential. To those that have successfully expanded your portfolio, what strategies worked for you the most? I want to avoid having my loan calle...
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I have a few commercial real estate loans which are fixed rate for 5 years on a 20 year amortization schedule.
My lenders assure me that at the end of each 5 years, I can get another similar loan with the prevailing ...
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Hi there!I just wanted to get some thoughts on renting vs. buying. My husband and I currently rent the house that we live in. We really like the block, our neighbors, etc. and on top of that we're getting a really...