I bought a single family home in Florida in 2005 to use as my primary residence. When I had to move out of state, I converted it into a rental. I currently under water on this mortgage by about $20K.
The rent I am ...
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Hello Community,I am looking to purchase a skilled nursing facility that may be available for 795K plus 300K deferred maintenance (includes includes mediate repairs, start-up). We would also have an in-house pharmac...
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Looking to purchase another property and have a relative that would be able to provide the down payment? How would I structure partnership as it's a buy and hold? Repayment over X years, % of return, etc.?
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Hi I've done lots of deals, but I'm about to do a "Subject to" deal in NJ. It's a fixed-rate home equity loan (1st position). The concept is easy to understand. The devil is in the details. Especially in NJ...
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Hey All,
Can a Non-Profit organization get a mortgage without a guarantor.? Property/Facility is owned outright by organization. As per bylaws no member can hold financial indebtedness to organization or be guaran...
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When should I take out a HELOC on my property when I renovated it. Like should I wait a month or two or year?
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I recently learned of a situation where the bank denied an offer the owner(s) received on their short-sale home and they are nowfacing foreclosure. Although, I have the income and credit to obtain a mortgage for the p...
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I've been approached with the following deal. I know I'll need to get more details/clarification on some things, but it's a start. Interested to hear feedback from the community:16 units (Two 8-Plexes)Purchase Price...
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hello there ProsI'm relatively new to the pro forums but wanted to step up my communication to push my investor knowledge to the next level. I'm 27, married, work 3 jobs( survey technician, army national guard helicop...
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So I had a question about refinancing your property to get the equity that you had in it. I was speaking with a colleague today, and he told me how he had purchased his house for 150k, and he had it appraised and it w...