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Hi all, we won an offer on a 335K townhome in Houston close to the heights area (Airline Drive so not exactly heights but nearby). It has been my goal to purchase for a long time and I am of the camp that I’d rather p...
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Hey guys a little background I'm 20 have credit score of 720-730 with credit for a little over a year. I recently was basically forced to take over my dads car payments for a car. I'm not going to act like he had a gu...
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So I came across this blog post and when I saw the first example for a Multifamily unit, I frowned thinking I had gone wrong somewhere.Let me preface this by saying I’m completely new but I just don't see how a 300k m...
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Hi all,My agent presented an opportunity to me that would use seller financing and I had a few questions. The seller is looking to sell a house he bought and renovated. Based on a conversation with my agent, the selle...
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I could use some quick advice on a "subject to" since I have never done one before. This is a killer deal that will last less than 24 hours. I have a wholesaler that found a subject-to at a great price. There will be ...
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Would taking out a loan in order to finance monthly Sub-To payments be a good idea? My way of thinking was I get the house under contract, take out the loan to make the mortgage payments, and then on the resell of pro...
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I have two rental properties under my personal name and the mortgage payments has my DTI at max percentage. My question is in order to use my rental income to offset some of the monthly mortgage payment debt and impro...
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Hey everyone! Probably overthinking this but if you used a HELOC to pay for the down payment on your investment property, did you use the cash flow from your investment to make the payments on this or did you use pers...
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Investment Info:
Other buy & hold investment in Everett.
House hacking a 3 bed 2 bath condo in Everett, WA. I live in the master bedroom and I rent out the other two rooms.
What made you interes...
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HELLO I RECEIVED A DEAL FROM A HARD MONEY LENDER. DEAL: 70%(10K MIN DOWN PAYMENT) + 100% REHAB AND TOTAL LOAN AMOUNT OF 50% ARVSCOPE:PURCHASE 40KREHAB 40Kest ARV 126KWHAT DO THESE NUMBERS MEAN AND WHAT WOULD BE THE TO...