Jeff Kosmicki
Buying the duplex next door
A little history... In May of 2015 we bought our first home, a duplex that was a foreclosure with a 203k loan. We did some rehab and we are all in for 120k. We live in one side and have the other rented for $765. Bas...
Natasha Hicks
Unique Refinance Situation, Need Help
I've been listening to podcasts and looking at the site for a while and this question has prompted me to make an account. Thank you in advance for any advice and help, especially from lenders. What lenders will do a c...
Cora Garvey
Don't know where to start
Hi everyone just don't know the right questions yet. Attended a free webinar and so want to begin my journey im real estate. Just don't know how to start here in Georgia.
Barry L Hohstadt
FHA Loan for First Investment
Hi Loan experts, newbie with a question about obtaining an FHA, which may be my first strategy for investing. Here is my situation:I currently own no real estate. I have enough money to put down on a moderately priced...
Charlie Cameron
Non-Recourse Debt - Why do you need net worth?
I’ve been researching Fannie Mae smaller apartment loans. I haven’t been able to figure this out: if the debt is non-recourse, why then does the total net worth of the borrowers have to exceed the loan amount? Is ther...
Cassidy Burns
Structuring First Seller Financing Deal!
Happy Holidays BP!I am putting together my first Seller financing deal and I wanted to see what you thought of the terms. The seller and I have already discussed this a little but wanted to get some feedback before o...
Gere W.
Down payments: big or small?
What's a better strategy: 1. Higher down payment: lower monthly mortgage cost, no pmi payments. This is generally 20%+ down. Good if you have the cash up front, but it's just that, you're losing that money up front. B...
Sheeva R.
Can you use a heloc for a mortgage?
Hi,
I was wondering if someone could give insight into my situation. We own two homes - one we rent and the other we live in. We would like to move out of the current house we live in, rent it out and buy another home...
Will Stewart
What is the best way to pay down your first property?
I just purchased my first rental property this week. I put 20% down and my loan amount is not too bad. My question is, should I take extra from the passive income to pay the loan down faster in an attempt to acquire a...
Ashley Wilson
Just closed on a 225 unit property in Amarillo, TX
Investment Info:
Large multi-family (5+ units) commercial investment investment in Amarillo.
Contributors:
Jeff Greenberg
Proven recession-resistant city Amarillo, TX is the home of our next ...