I have a long tenure tenant in my SFR. We made a verbal agreement a year ago: he gives me 55k down and I sell him the house in one year. The agreed price is 170k minus his 55k down payment. He just got pre-approved by...
This question isn't actually for me. It's for my parents but if I can manage to help them out than it'll be of great help to me. So recently my parents came into some money. It's nothing crazy or life changing but it ...
Hey All, I'm trying to get some feedback on a financing question. I will be seeking financing for a $150k loan as an investor with a standard lending institution. I can either do a 20% down payment and obtain a 4.62...
You guys I’m in Orange County CA wanting to invest in some real estate. How do I scale out good deals when all these homes are in the 700s to 800s. Would applying for a fha be wise or should I keep saving for that 25...
Looking at a property that generates rental income. 2145. They are asking 145k total and are willing to fund me (I pay them off slowly). I’m putting down 60k. Good idea? Bad idea? What interest rate and years should I...
Here’s what I have.
Lady has stopped making payments on her home in Dec. after 5 years of on time payments. Health issues, can no longer afford the home. Has left the home and lives with relative now. Last week a sher...
Who in here has experience buying houses with little or no money down? What techniques/tactics are you using to negotiate the seller down from asking 20% or 25% to 0% or 5% down?..
Alrighty, here is our situation...and I need advise!
I have searched the forums and read MANY threads.
First, we OWN free and clear a home valued at 80k.
Rented it for two years, but now we want to sell the home. We...
Having watched from the sidelines for the past ten years or so, I have finally decided to jump in and buy a few properties. The only problem is all my money is tied up in a 401k. I had hoped to borrow 50K to use tow...
Hi! I've read various ways to go about this, but wanted experienced insight. I turned my former personal residence into a rental and have it listed as such, with occupancy coming up within the month. I also have this ...