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Has anyone found a creative way to either avoid having to put down the EMD or a source who might supply such when dealing with a bank? :idea:
I have a potentially AWESOME deal and need a creative way to get around ...
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Signed a purchase (600k, 1650sqft single family home in Folsom ranch)contract last year, plan is to get the down payment from heloc(2.5% apr until next year jan, after that it's variable). I also lock the interest of ...
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I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...
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I'm currently looking at 3-4 family homes in the 200-300k range to keep as rentals to get some cash flowing in. I have a few lenders who are offering me 100% stated income investment property loans. I can put 5% down,...
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I’ve built up an equity position of about 400k spread across 5 different properties in a low appreciation but decent cash flow area. And I’ve also built up about 200k for my next deal. Would it be wiser to sell those ...
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I am looking to get some cash out of an existing 4 unit rental but the residential value for a refi is too low for any significant amount of money. What about adding a 5th unit (very easy to do since we prepped for t...
I saw this post:https://www.biggerpockets.com/forums/12/topics/456...And I am pretty much in the exact same situation as the writer.Would you guys say that the information presented in that thread is accurate?Do you h...
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I am looking at a mobile home park. They are asking $550,000 for it and there are fourteen spots that bring in $250.00 each so a total of $3500.00. There is also a house and a large shop. The house may need some sewer...
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Hi all,For an apartment building thta i am bidding on, my commercial loan broker suggested that I can get a loan with 25% down payment. After submitted the bid, the listing agent asked for proof of fund for 35% down p...
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I'm considering to start a self directed IRA to invest in Real Estate and I'm wondering if it's worth it? I'm curious if anyone out there has used them and has an opinion on whether or not it's worth the effort. Als...