I am in contract on a vacation home that I will also use as STR. I plan to use conventional financing. The lender stated that if I say it is going to be my primary house, then the down payment is only 5%. Where as if ...
I have an LLC formed for asset protection. I am leveraging my business off of private loans from a third party. I have made a commitment to these private lenders that if the business defaults on a property, or does no...
First and foremost, thank you in advance for any advice on this. I have my eye on a duplex that is currently owned by Fannie Mae. I have a couple questions on how this differs from a normal transaction highlighted ...
Hi All -I was recently in a discussion with a broker about single family investment properties. They'd indicated that they would go to work once an exclusive agreement was signed. I hadn't heard about this before; and...
1. Choose mentors I trust and believe in their experience and advice.
2. I will not ask people to make a commitment to me until I have made a commitment to them.
3. Always keep a spirit of involvement a...
Hi everyone!
I'm very passionate about real estate and I've been an investor for over 7 years. I've flirted with the idea of quitting my day job to dive into real estate, but I haven't been able to take the plunge.
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I'm a novice agent, I'm finding out I might be better suited to investing than to working open houses etc.Rather than spend on gurus, I'm thinking some good software might be a big help. I like to leverage tech and it...
I'm hoping to get some insight from others in the community who have experience with private lenders. Has anyone worked with Allen Capital LLC (based out of Dallas, TX)? I've recently started to look into possibly us...
WHATS LENDER WOULD BE BEST FOR THIS?Below are answers to the questions that give a synopsis of what we are looking to achieve. Also see the attached working draft term sheet of a revolving credit facility that lays i...
Without a divorce, legal separation agreement, or child support order etc, a husband will buy the wife off the mortgage, have her sign a quitclaim deed on the property. She now has no ownership interest, is not listed...