John Price
How to Own a Million Dollar Home for $2,500 a month
I am leasing to own an 8,200sqft Luxurious home that appraised at 1.2mil. The owner has decided that he needs to open up credit and sell the home. However, I can’t finance even the reduced price of $715,000. I make $8...
Jason S
Flooring-Cheap carpet or Cheap laminate?
I plan on moving and keeping my current residence as a rental.
It is time to replace the carpet and I am wondering if I should just put cheap carpet back in it or put in cheap laminate, as I believe laminate would hol...
Mark Plesha
Loans for small multi's 2-4 units
Ive been under the impression for awhile now that you can get a 30 year mortgage for a small multi unit, in this case a duplex, even if you aren't living in one of the units. I went to look at a property today and my ...
Manasse Shingiro
Can I Refinance My FHA Loan into an FHA 203K for Renovations?
Can I Refinance My FHA Loan into an FHA 203K for Renovations? I would like to know the pros and cons as well as alternative options
Adam Martin
Buying a multi-investor 6plex
New member here with some questions!My brother and I are looking into buying a 6plex under a LLC with a 5 year balloon mortgage amortized over 20 years. The loan will require 15% down with 85% financed. I will be prov...
Blake C.
Offering Discount for Early Renewal
I have middle income tenants in one of my properties. Overall, they have been good tenants. Clearly tenant turnover is costly (repairs, vanacy, work I have to do to fix it and show it). Have you ever considered giv...
Seo Hui Han
70% equity and 30% debt. Should 1031 into similar?
i have a commercial property that I'm considering unloading. Equity position currently 70%. Would like to 1031 into a multifamily in Orange County. I've done the math and if I go into a property with a 4% cap keep...
David Erjavec
Is SF's economic boom over
Here is an article that I thought I would share. Being a realtor in SF. The question of are we in a bubble comes up and now and then. I found the article spot on. I do not see any downturn happening for at least 3-4 y...
Dylan Barth
What properties are cash flowing in Minnesota?
Calling Minneapolis, Saint Paul and Twin Cities metro Minnesota investors. I am a beginning investor interested in owner occupying a duplex on the south side of the cities. Inventory on this type of unit is low and pr...
Bryan Boulware
Fannie Mae Homestyle Renovation Mortgage
Hello,Has anyone dealt with the Fannie Mae Homestyle revocation mortgage? if so could you provide more information on the loan? Also how does it contrast from a traditional 203K loan? How was the overall experience us...