Christian B.
Questions about getting an FHA loan
I am a newbie to real estate and I want to get started this year. I want to try house hacking and using an FHA loan. I want to invest in Long Island, NY, but the prices are so high with most houses above $200,000.
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Aleksandra U.
Should I pay off my investment Condo with HELOC
Hello, I just secured 50k HELOC with 3 first years fixed rate of 3.49%. My plan was to pay off an investment condo with mortgage balance of 44k. It is Adjustable rate loan, recently 4.75% till 2023. After that rate go...
Patrick Reagan
Landing my first rental property.
Am trying to purchase my first rental property and not having any success yet.I'm finding that my offers are not high enough and that some properties I'm interested in are going into contract even before the first ann...
Eric T.
Has the lending process ever kept you from landing a good deal?
I understand that one of the advantages to paying all cash for a property is the fact that you don't have to go through the process of acquiring a loan. It can take weeks to be approved for a loan, and some sellers do...
Derwin Davis
Cash-our refinance to buy a rental property
I am currently trying to use the equity on the 1st home with a credit union bank , I want to do a cash-out refinance of 80k to purchase a 3rd property, but the credit union is saying that my debt to income ration is a...
David Gillentine
BRRRR with a twist, a little guidance please
So this is a fairly simple situation, but need some clarification on the financing. We are closing on a house that I'd like to keep as a rental. Its contracted in our LLC name. We are paying cash. Our local bank is le...
Bhushan Rajadhyax
is 1031 exchange possible for a land+construction property?
I have been trying to read up on the 1031 exchange rules and haven't gotten a clear answer. I currently own a rental property (condo) with a decent equity. I was thinking of doing a 1031 exchange and buying a SFR that...
Pedro Jean
Funding for a 2nd multi family
I am looking to buy a 2nd multi family home but lender wants 25% down payment. When I bought the first multi family home, I was able to put only 10% down (conventional 30 yr loan, owner occupied) and there was no prob...
Joshua Roberts
Finding cash buyers
What is a good way for beginners to find cash buyers? I have tried agents but have gotten nowhere. Any solutions?
Daniel Guest
Condo remodel in an old historic hotel
Investment Info:
Condo fix & flip investment in Helena.
Purchase price: $79,000
Cash invested: $16,600
Sale price: $143,500
This nice little condo is located in an old historic hotel known as...