Tyler Speelman
Lease option vs land contract
Hello,
Off market single family rental for sale in Ohio. Current resident wants to purchase house, but can’t qualify for loan.
Asking price $139,900
Monthly rent $800
I told the seller I could purchase it if curre...
Tyler Kesling
HELOC / Lease to Own
I'm still looking for my first property and I have a lead, sort of. My brother needs to move back to the area and found a duplex fixer upper. He wants to live in one and use the other for his studio. He and the seller...
Dolphurs Hayes
Cash out refinance under LLC
Hey I am currently getting closer to closing my first BRRR deal but I wanted advice on how ppl went about the cash out refinance step. Is it tougher to cash out refinance when the title is in LLC? Any tips on how to s...
Sean Dean
Getting a loan for subject to investing
Would taking out a loan in order to finance monthly Sub-To payments be a good idea? My way of thinking was I get the house under contract, take out the loan to make the mortgage payments, and then on the resell of pro...
Andy Mai
Qualifying for Conv Loan After 1st/2nd Deal
I have two rental properties under my personal name and the mortgage payments has my DTI at max percentage. My question is in order to use my rental income to offset some of the monthly mortgage payment debt and impro...
Adrian Hildebrand
Using personal funds to pay off HELOC or cash flow from rental?
Hey everyone! Probably overthinking this but if you used a HELOC to pay for the down payment on your investment property, did you use the cash flow from your investment to make the payments on this or did you use pers...
Essien Benjamin
My First House Hack In Everett, WA
Investment Info:
Other buy & hold investment in Everett.
House hacking a 3 bed 2 bath condo in Everett, WA. I live in the master bedroom and I rent out the other two rooms.
What made you interes...
Robert Mccorkle
IS THIS A GOOD FROM HARD MONEY LENDER!!?
HELLO I RECEIVED A DEAL FROM A HARD MONEY LENDER. DEAL: 70%(10K MIN DOWN PAYMENT) + 100% REHAB AND TOTAL LOAN AMOUNT OF 50% ARVSCOPE:PURCHASE 40KREHAB 40Kest ARV 126KWHAT DO THESE NUMBERS MEAN AND WHAT WOULD BE THE TO...
N/A N/A
Mortgage Rates fall again
Hi,
Today’s current rate for FHA 30 Year Fixed is 6.250% (APR 6.256%). Payment per $1000 (including the low monthly mortgage insurance) is $6.58.
The open mortgage insurance is 1.5% of the loan amount and is finan...
Percy Yarleque
Wholesale Owner Finance
Hello Everyone,I just recently landed my first owner-finance deal in Atlanta, GA. I need help drafting up a contract, and was wondering if someone, who has done owner-finance deals before, would be able to share with ...