We have a rental property which technically was our first home and our mortgage rate is at 3%. We are currently looking to buy another rental property. But since the interest rates are higher now, just wanted to know ...
Hello allI recently had a conversation with a co-worker who had just formed a 3 man LLC and financed their first purchase. Their largest challenge thus far was obtaining financing - so much so they hired a broker to h...
I am just curious to see what experienced real estate investors do in terms of the timing to form their entity? For example, do most people form their entity prior to their first deal and pay the fees associated with...
I need help with my first multiunit property. I am under contract and hoping to get some guidance.
Price is $490k in San Antonio, TX. It is furnished turnkey and looks as if it was planned for STR. However, the selle...
If the borrower is directing the funds to an LLC or self directed IRA would there be any potential problems down the line, for example if there was more than one person in the LLC?
Hello all,
My girlfriend and I are trying to get a $250,000 FHA loan for a duplex to house hack. We didn’t think it would be any issues at all because combined we make enough for that loan amount. After going through...
About Me
Hello, everyone! I'm Jeff, a 29 (soon-to-be thirty) year old looking to explore the world of real estate. Specifically, I'm looking to buy, renovate, and rent out property. I have no experience, but I'm ...
I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been ren...
I found a FSBO and am preparing to make an offer. Asking price is $65k and I have $40-45k cash available to put into it. Question is, how do I finance this? I would love to put 50% down and get a 10 year mortgage f...
Hello everyone I am reading and watching about real estate for the past 10 months and I think I am ready to make my first step and purchase a rental property.
This 3 unit house that I found in Hamtramck, Michigan for ...