Tyler Wetherbee
Creative Loan for Rental Property
Newbie question.So I have a family friend who is selling off about 5 of his rentals. I am going to get an FHA loan for my primary residence. But, I want to take this opportunity to buy at least 2 more. My question is,...
Ajay Malhotra
Best way to Finance a BRRRR
I found a deal and am working with a friend who has a full service vertically integrated firm to buy, rehab and rent a propertySingle family homeAsk = 125, tot after wholesale and closing = 134Rehab = 253-4 weeks reha...
Jason Skinner
Buying multi-unit property with tenant in place
I am a newer investor in Michigan, I have an accepted offer on a duplex. There is a tenant living in one of the units and currently renting on a month to month basis. What is your process when you acquire an asset wit...
Oliver Marson
Guidance of Wholesaling Endeavors
@Julio Gonzalez I trust this message finds you in excellent spirits. As I navigate the intricate landscape of real estate investment, your distinguished career serves as a beacon of inspiration. The concept of wholesa...
Brian Kempler
Selling LLC to allow commercial loan terms
Hello, if I sell an LLC holding real property to a homestead buyer, can I use commercial loan terms on this (business/holding company) sale? Specifically: skipping RLMO, having a balloon payment, and prepayment penalt...
Timothy Christian Jr
gathering financial data on the property
When conducting an analysis of the numbers and layout of a commercial real estate property, would it be advisable to engage the leasing broker representing the property, or should I seek to gather comparable data and ...
Edgar Avilez
Loan Officer Advice
Hello BiggerPockets Community, My name is Edgar Avilez. I am a 24-year-old real estate newbie currently living in Ventura County California. I have a phone call with a loan officer this Thursday, 7/9/2020 for potentia...
Terry Portier
Transfer on Death Deed
Hi, if a sibling was awarded a Transfer of Death Deed how do they transfer it to another sibling? Quit Claim Deed?
Andrey Y.
Timeframe after closing to patch mend repair interior items
I thought about posting this in the tax forum but realized this is more along the lines of a general or landlording topic.Do you guys do patch/mend/repairs on a property shorty after escrow to count it as the "cost ba...
Daniel Packard
Do you ever lend 100% for purchase?
Hi All,
Would you lend 100% for the purchase price, if, the house is being purchased cheaply. For example, the house would sell on market for 160,000, but the sellers just want to get rid of it, and agree to sell fo...