Alex D.
Financing options with low to no income?
Hey BP,If you have the ability to put together enough capital for a 20-25% down payment without a current source of taxable income for a rent property, what options are there for financing? Thanks!
Roberto Moita
Should I invest in mult-family?
I have owned (2) single family residence and (1) commercial building for several years. The commercial property is paid off and the SFRs have low mortgage balances. I have positive income on all the units. I’m have b...
Brad Swaney
Mortgage questions and refinance questions. Help!!!!
Found a deal that needs to be closed before I can get financing lined up. Looking for advice. I will give yeah my current details. Deal: Purchase price of $45,000. Option 1? I am in a position to close quickly w...
Joseph H.
Low loan amount refinance
I am looking at a property that is being sold for $34,900 and it needs around $6,000 in rehab. T estimates ARV for $50,000, but where it makes up for a low value is in renting. It has a 48% cash flow every month. Can ...
Joe P.
Complicated inheritance issue
I have an opportunity to purchase a vacant land property that was owned by 3 brothers as joint tenants (no right of survivorship) I'll call them A, B, and C. A and B died and thier 1/3 interest in the property is le...
Hovhannes Hunanyan
Home equaty loan to buy rental property
What would you do if you have home equaty in your primary house and want to use it to buy rental property for investment reason? How does equaty loan work today (for example if my home is worth $600,000 and I owe only...
Lisa Misuraca
Flip or hold?
I'd love to retire but need about 60,000 income a year to be comfortable.Don't really like the idea of being a landlord,but it seems to be the best plan.Would love to use a property manager or management co.Thinking 6...
Melodee Lucido
Can anything be done with this?
I am still new so I don't always see if something is doable using crei. I found this beach condo with the following ad. Only one comp and it sold for $212---Looks like it is an investor comp tho because it was sold by...
Mark J.
Could use your help determining ARV on a duplex (Newbie warning)
The duplex is REO (2 yrs vacant), 6 bed/4 bath/2,200 sqf. Purchase price= $44,900. Est. repairs= $35K. My COMPS: There are six duplexes, exactly the same, on the same block, but no recent sales:$115,000 (sold 10/2004)...
Amanda Parry
Prospective tenant says they have zumper?
I am screening tenants for my first rental property and have an application form created (all the typical questions) and was planning to use Smartmove for a credit & background check. A prospective tenant emailed ...