We purchased a SFR rental 1.5yrs ago with a partner that put up the capital for the Down Payment ($39K) we've managed the property and maintenance. Our partner has run into some unexpected issues and would like their ...
Hi All,
I need to make a decision soon on this. I've run into a situation on a historic house renovation I'm in the middle of. My hard money lender cannot extend their loan for personal reasons. They said they are mo...
Hi, I'm new and inexperienced but have a situation with my neighbor. My neighbor called me asking if I knew anyone that could help in refinancing his mortgage. (I work for a CU) He is less than 7 days away from the fi...
I am just curious who actually uses private money and who uses a conventional loan?
I need to keep my day job for another two years before I could potentially be able to leave and invest full time, that is not very a...
I talked to this Real Estate Advisor from this real estate company about investing in real estate properties. I told her that I did not have the funds for the the 20% DP for NOO properties and that I would consider bu...
I have a question about proportional ownership, equity, appreciation and how to split the cash flow. My business partner and I own a property together with good cash flow. For simplicity, let's say owner A owns a pr...
Hi Folks, one of my friends is having some trouble getting financing from banks, let me share the email he sent me.
Banks want 2 years tax returns that show agi to carry the loan. I have really good credit but don't ...
Hello everyone!
I recently just finished the rehab on my first investment property and now have it rented out for $500 a month. I purchased the property for $8,700, and put about $16,000 into repairs to the p...
We recently went under contract on a Triplex for $380K and can get a conventional mortgage for a rate of 5% with a 25% down payment of $95K. The property has a shell that can easily be finished out, making it a Quadp...
Hello I'm very new to this app And New to blogging altogether but I have a few questions and I am in the learning process for a project of this size I am not quite sure where to start with financing but I have an opp...