Here are some details of the property (town home) I ownTimeline:Bought: Oct 2013Lived in it (Primary Home): March 2018 (4.5 years)Rented it: March 2018 to Current Some numbers:Original purchase price: $200,000Original...
I purchased a rental two years ago with a conventional loan. It is currently serviced by Wells Fargo and funded by Freddie Mac. Trying to move it in to my LLC but Wells Fargo is telling me Freddie Mac won't allow this...
I currently have a rental property in the Memphis, TN area. I purchased this property through a turnkey company that has since closed. The turnkey company also had a property management company that I was under cont...
Hello,I’m in the market for a Home Equity Line of Credit (HELOC). My preference is to establish a relationship with a bank or credit union which sells their mortgage loans to Freddie Mac. According to #AskBP 095, Fred...
Rookie investor searching for first investment property. It has been recommended to attend a local meetup, but what do I say? What ways can I prepare myself for these type of events.
My mother and I live on four acres. She inherited it. I own 1.4 of those acres and one rental. I want to put in RV hookups for water and electric. Currently I'm in a business class where we are working on our business...
Hi all,
I am stuck in this situation. Due to my bad personal credit. I am seeking in bringing in a partner to use his/her excellent credit to apply and get funding for acquiring properties. I already set up a LLC. My...
Hi all - I am in the process of negotiating a 28 unit apartment and the seller is telling me that he may not be able to do the deal because of the tax hit that he would take upon sale. He has been depreciating the pr...
I own a commercial property that a current tenant has approached me about selling to them via owner finance. Which I am very open minded to as I was thinking of listing the property anyways. I have searched a little o...
Hi All,
I've noticed there are many threads that are specific to certain programs. These have definitely been helpful to many. However, I was just wondering if we could get a thread going that identifies great qualit...