Hello everyone,
This is my first post on BP. Love the podcasts and books. I am working with a partner getting started with investing. We are operating through an LLC. We have one single family home we are renting and...
Hello,
My wife and I have been looking to find a larger home since our family is growing. We are very interested in keeping our current residence for a rental/investment property in addition to buying a new home. We ...
BP - a close friend of mine has $100k liquid and wants to invest it RE with me. Preferably a long-term rental/hold, but flipping isn't out of the question should a deal present itself. Our idea was that I/we use the l...
Hi everyone, I have a question in regards to seller financing. I have a seller interested in financing his house to me but he had one main concern. Since he is very unfamiliar with this process and this would by my fi...
I have been speaking with an 8 unit property owner about purchasing their property. They have $100K of debt, but it is worth about $550K. Their loan is not assumable. My question is if it is possible to use traditiona...
Hi Everyone,I recently received an inheritance and want to purchase my first MFH this year, HOWEVER, I cannot secure a mortgage loan as I do not work full time. I am a healthcare worker working prn ("as needed") contr...
Hi guys,
We have an off market deal on the table, 2 commercial units with (2be/1ba) residential in LA area with a purchase price of $550,000(residential will definitely need repair with long term tenant). Total curr...
Question about financing a rehab. If I (through an LLC) purchase a property cash, can I then take a loan out on the property (or a HELOC?) to complete the rehab and then refinance that rehab loan? If so, is that re...
I would love to hear about how members of the group have successfully made different seller financing deals work. I particularly work in the short term space and have made an offer to a seller with pretty simple paym...
Hi Everyone,
My question is, would I be able to get funding for a loan on a new construction home via FHA loan/VA loan if I can have a signed contract with a tenant stating they would move into my house when my new c...