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Does anyone happen to know of lenders that will fund a commercial loan on a residential property (3 units)? Thinking of I/O payments, amortized 25-30 yrs with a balloon in 5-7 years? I know non-QM lending basically sh...
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Hello all! Question for you: my accountant says I'm entitled to about $7,000 back on my tax return based on depreciation, expenses, etc. on my three properties (one my own home purchased in 2011 and the other two r...
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if somebody buying a home, ldeposited like 50-60k in escrow account.home inspection is done, home appraisal is done, now due to some reason, like in the mean time interest rate went very high or any other personal rea...
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First, some context. I just recently left a good stable job for a job that appeared to be an opportunity for professional growth. I was upfront on my current skill level and abilities and was offered a temp to hire po...
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In june my house was home invaded and my tenant left them in a coma. He broke the lease, lived in the house for over two weeks for free and left a mess and drug baggies all over the road. I informed him he will not ...
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Hey guys it's been a while... I'm renting out an apartment. I listed it on craigslist and got "the usual". Some good applicants, some bad applicants. Some dreamers with no income, unable to verify income, past evictio...
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Investment Info:
Single-family residence fix & flip investment in San Antonio.
Purchase price: $107,000
Cash invested: $70,000
This property was my first BRRRR investment.
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I recently bought a home and the seller brought credits to the table. This was a 20% down second home and the credits ended up making it so I did not need to bring the full 20% down to the table. However, the bank did...
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I am thinking about a big commercial purchase, however the loan will almost certainly be RECOURSE. My question is does it even really matter if I don't have very much in assets anyway? What I do have is in multimem...
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How does one start lending their own money to other RE investors?
I am curious how this process works, what rates/ terms are common? Is this a common practice? Risky?
Looking to learn more about this space
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