Brandon E
Cash Out Refi for rental?
Lately I've been contemplating a cash out refi on my primary residence (because of the 5% rates); I was reading some old forum posts on refinancing and thought about this:
Why would someone cash out refinance in or...
LaVonna Shannon
Quick Newbie Questions
I called my credit union, Navy Federal and asked them some specific questions about their mortgage programs. Here is what I found out:
1. Only a SFH qualifies for 100% financing.
2. 100% financing can't be used for...
Alexander N.
FHA Owner Occupied Requirements
Looking for some insight here..I'm currently looking for a 2plex-4plex in a few different markets and am circling back to the idea of FHA owner occupied. I just want to understand the specifics here. My understanding ...
Sean Morrisey
I got a $1M offer on a 16 unit building and I need to 1031...help
Received a $1M offer on a 16 unit building that I purchased back in March - leaving me with a nice profit.However, I am expecting 30% in short term capital gains between the state and federal and a prepayment penalty ...
Kenneth Coleman
Should i rent to Section 8 or not?
Is it better to rent to someone with a section 8 voucher or rent to someone without one? Rent would be the same for both.
Anthony Gayden
$180,000 profit on FHA House Hack with only $5000 down
Let's go back in time for a moment. It is 2014 and I am living in beautiful Tucson, Arizona. I am 34 years old, single and don't have any children. I also had recently completed my first real estate deal and bought a ...
Jenna Barnes
Would using hard money/private money be a good first deal?
Hey guys!! I am super anxious to go ahead and get my first property. I am sending offers for owner financing and networking as much as my college and work schedule allow. Would using private money or hard money be a g...
Kory Clark
Analysis Paralysis
I need some help getting over this hump. I recently graduated from college and I've been meeting with some local investors in Cleveland OH but I have yet to do anything. My goal is to start off with house hacking but ...
Romario Nicholas
Creative ways to get first rental
Hi everyone, i am researching creative ways to get my first rental property. I have a W2 job that would take me about 1-2 years to save up for a downpayment on a 200k home in charlotte. But that would take such a long...
Kyle Buterbaugh
Owner Financing: Yes or No?
Hi Everyone,I am currently in the process of developing an offer to buy a duplex that is for sale by owner. It is listed for $54,900, and I have been number crunching to figure out what is smart for me to offer. Now, ...