Michael Phillips
primary residence vs investment property refinance Q...
Hello everyone,I have a duplex in LA country that I purchased with a BOA loan as a primary residence. After an extensive remodel I realized I could rent the unit I was in for more than I would pay to rent a unit for ...
James Wierzba
How to acquire more than 10 SFH?
I have been acquiring single family homes over the past 2 years. I have 4 right now. I basically just save money from my job and the cash flow until I have enough to purchase another with a cushion and rinse and repea...
Rodolfo Diaz
Paying "Rent" as an Owner
Does it ever make sense to pay "rent" in a multifamily in which you are an owner/occupant? I am curious how an owner-occupied unit shows a rent history if the owner does not pay rent.Is there ever a business justifica...
Michele King
Advertising for commercial office space
Anyone with creative ideas on how to lease small private office suites within a larger office building? Property is in Colorado. We currently use Craigslist, Loopnet, Facebook and Nextdoor. We do not use a real est...
Breelon Bryant
Refinance INTO FHA!!?? Advice....
I am not able to get a mortgage because my job is not a W2 and I was recently denied because of this. But I saw a 4 plex ($169,000 PP) and want to buy it through hard money and refinance it to FHA in order to “house h...
Akash Amin
Can I do conventional loan on multi family with 5 % down
I have bought my first real estate investment property. I am looking to invest in 4 plex. I live in nj but I want to invest in Texas. I would like to know if I can get conventional loaf with low down payment for a 4 p...
Jim Salvatore
Small business owner looking for private $ for comm/res purchase
Hello! I own a small wheel repair business and I’m needing more space. I currently rent a 2500 sqft shop for $800 and rent my home for $1500. We found the perfect property that has a 4800 sqft shop zoned commercial wi...
Kumar Gaurav
Converting personal loan to LLC, Possible?
Hello,Is it possible to transfer an owner occupied multi family home ownership to an LLC and eventually personal loan to an LLC loan?Is there any value going through this exerciseif the landlord ends up being the guar...
Eric Jackson
Dallas financing options
Hello everyone, I spoke to a loan officer on the east side of Dallas and she said that some investors are getting loans with as little as 15% down. Has anyone else in the DFW area seen this? Anyone have a better opt...
Brandon Sturgill
Looking for Second Opinion on Financing Strategy
So, the question below was posed to my lender, who was quite vague with a response. I need some help with this strategy. Here are the particulars:
I have been contemplating a strategy to move into my current...