I have talked to several banks about the possibility of borrowing money from friends and/or family to come up with the difference needed to make a downpayment for a house/multi-family property and would just pay the f...
Is it possible for my self-directed IRA and me to invest in the same syndication deal? As long as it's not my deal or one I'm more than 50% owner then that should be okay, right?
Hello All. A few years back, I attended a seminar and jumped into doing a few fix and flips. Long story short, I opened a Ca. LLC under which I purchased and sold one of the properties. At the time, $4K was left i...
I'm looking to close on a wholesale property out of state with a private money lender. He has ample cash not earning much appreciation, so the opportunity to fund a buy and hold investment is appealing to him. He has ...
In Illinois, are Sub2 agreements required to reported to the lender?
I have a property under contract with a distressed owner. I sourced it off MLS, listed by an agent I worked with before. I made the offer 2nd day ...
Hi, guys I'm a new investor. I had questions about buying pre foreclosures subject to. The method i will like to use is pay sellers back payments, repair property, give seller money to move with and take over mortgage...
Hello All,
Im new to the BRRRR model and I've been reading the book. I have a question about a property that backs up to a lake. Is the BRRRR model suggesting that the best way to implement the strategy is to use yo...
Hello everyone:
I have pretty good credit but saving for down payments is brutal. I need advice or a lesson on how/if this would work. I'm simply looking for the pros and cons (mainly cons) in funding a de...
Off market dealPurchase price 110k20% down1150 in rentMarket value as is 135k$400 cash flow19% cash on cash returnNow I don't have a huge savings in my Roth IRA, but I have enough to fund the rest of the down payment ...
I have the deals and I have interested investors but I am unsure how to structure the deal. I am planning on using 90-100% investor money in buy and hold opportunities. What returns do I give investors? An 8% preferre...