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...
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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 ...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...