Michael Garrison
"Subject To" protection
I have a property that is in pre forclosure status. I have the opportunity to pick it up "subject to". I have the option on my exit strategy to either hold it and rent it to pay the notes or do a "lease option" and at...
Paul Ellington
Should I Create a Rental Property LLC?
My wife and I currently bought our first SFH and kept our condo as a rental property. We require our tenants to have renters insurance and we have a homeowner's policy with an umbrella policy to ensure we are covered...
Alex Thiel
Owner occupy affecting next move: FHA/conventional/hard money
Hi, I have been browsing through pages and pages of the forums and not seen this specific type of scenario. Any input is appreciated.I have identified a great deal for a house that could serve as our “forever home” (i...
Wesley Brown
Can I invest in my Cousin's 1031 exchange?
Hi - My cousin is closing on a family farm he inherited and is looking to do a 1031 with a multi-family. He'd like me to be involved to manage the finances of it for a bit of sweat equity and I'd also like to put in p...
John Frezza
Multi family financing
I'm currently looking for a multi family property that would serve as my primary residence. I can find a property but the hard part is getting into it. I have been a real estate agent for under a year and banks will t...
Landon Ziemke
20k Easy Money if I do this right - HELP!
I am new to this board, so thanks in advance for the help I know that you all will give me! I am excited to get started in REI and I need help analyzing my first deal that I have found.
So here are the bottom line f...
Karen Jou
Self-employed (CA) seeks mortgage loan for investment property
Hi there,I am currently self-employed almost 8 mos now which presents some problems in qualifying for a mortgage loan. I have the down payment. I have a property manager who has managed my other home for 5 years now. ...
Josiah Mouw
Initial Contribution on LLC Operating Agreement?
My business partner and I currently hold an investment property in our names via an unsecured note. Our initial financing attempt through the broker channel collapsed a week before closing, so we pivoted to a local ba...
Gonzo Moore
Co-Borrower but am getting allocated full mortgage payment in debt to income ratio calculation?
Hi All,Hopefully a quick question and apologies if it has been asked previously, I was unable to find the answer in my searches.A business partner and I co-borrowed for our first investment property. We both live the...
Philippe Benhamou
Is an Entity the way to go?
What's up guys!As a new investor I was wondering if forming an entity is the way to go? I am just starting this business as a Buy & Hold Investor, and I have always belived that business and personal financials sh...