Roosevelt Thomas
Can the BRRRR strategy work with no money down?
Looking to buy my first rental property. I recently paid off all of debt and raised my credit score over 800. Unfortunately after paying all my debt, I no longer have cash for a deposit. Is there any way I can purchas...
Michael Hyun
Combining Non QM loan with seller financing to buy a rental
So I just heard that there is this financing option where I can combine Non-QM loan for 50% of the purchase price, and then seller finance the 40%, and then down payment for 10%.If I can get the 40% of seller financin...
Jake Bourgraf
Land contract Seller Payback 80% if Buyer defaut
I just got off the phone with a seller who states that in a land contract, he would have to pay back up to 80% of payments to the buyer if the buyer defaults. Thus, he wants nothing to do with carrying the note. This ...
Kimberly Schroeder
What to Look for in a PML
I have a BEAUTIFUL investment opportunity with a cash flowing, turnkey acquisition sitting on my plate with a DSCR loan available to me. My only problem is, I am just starting out and I do not have the cash to put dow...
Kris Betkowski
Tenant not paying utilities
Hi to All,I’m looking for advice on Utilities not paid (Ontario). I have a currently financially struggling tenant occupying my rental unit. The lease agreement indicates that they are to pay the hydro and gas utiliti...
Luke Siecinski
Should I use HELOC to invest in STR?
Hello,I'm trying to invest in some STRs in the Gulf Shores market. Pretty much my only option (unless I want to seek outside investors) to be able to afford a down payment is to use the equity in my home. I've been wo...
Kimberly Keesler
Tax shelter if selling stock to buy real estate?
Does anyone know if a person qualifies for a certain tax break if they sell corporate stock but immediatly turn around and buy a piece of real estate for investment purposes? Is there a way to do this (legally of cou...
Michael Seeker
Is anybody using Google Wallet to collect rent?
I popped on my Gmail to send an email and got a pop-up notifying me I could now send money by email...wow!
So of course I completely forgot why I was going to send an email and set up my Google Wallet account...
Christopher Pound
Recasting a mortgage loan - question on strategy
Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...
Grant Pope
0% Interest Vs Paying Interest - Tax Advice
Hello All!I am in the middle of making a purchase of a duplex in my area with some creative financing. I have run into a couple of questions and what better of a place to go for some real estate advice than BIGGER POC...