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My partner and I used hard money to buy property and have about 180k in house so far. We need additional 50k to Finnish house and estimate conservatively it will be worth 350k, I think it will be closer to 420k. What ...
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I have used my 4 eligible FHA loans for three investment properties and a primary residence. I have been fortunate enough to acquire 3 other properties in the 120-160k range that are not encumbered. They are all r...
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My Mom(63) has a 457 retirement plan that she would like to borrow $20,000 from with the intent of lending me the money so I can invest in my first real estate property. I want to make sure that the process is done co...
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Hey guys,So my wife and I are looking to get a loan to buy our first house together. However I'm in the process of immigrating. I'm in the country for good, just waiting 12-24 months to get my permanent residency, whi...
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Hello all,
I have a 2 unit multi family in Chicago that I purchased around in 2019 with an FHA 3.5% down at $420k as a primary residence during the time I lived in Chicago. I’ve put a bit of money into the building a...
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I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...
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So I have a potential property that an owner wants to sell but there's a dilemma. The owner doesn't want to sell the land, they just want to sell the home, Her and her husband don't want to repair the home because its...
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Situation:
Brother owes $143,000 on mortgage
House Value(according to comps) $121,000
Offer Home to lender as a short sale for $100,000 (sister says lender may take/she is a realtor in Atlanta).
I would purchase.
An...
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Hello BP, I have a tricky situation that I could use some guidance on. My family just inherited a house in Marina, California. This house was previously by my uncle and his partner both of whom passed away in the last...
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I live in a HCOL area (Boston) and am aiming to get started on a house hack next year. My situation is perhaps a little unusual in that I have a relatively new big tech job where about 50-60% of my compensation is com...