Nathan Myers
A Question About My FHA Loan
I have a quick question. I bought a triplex with an FHA loan on January 14, 2021. I legally owned it then but did not live in it until the end of February because the previous tenant had 60 days to move out. I am now ...
Kelly Flatt
Owner financed land contract with partial/late payments
Long story short- inherited an owner financed land contract. Long distance management. Previous owner was a sweet little old lady who allowed people to "just pay what you can when you can", with the thought that inter...
Account Closed
What documentation is required to get a loan against a condo?
We own 3 condos that were converted from a Triplex property during our ownership. As we have owned all of them, we haven’t done much beyond getting CCRs drawn up. My question is about getting a loan against a single ...
Justin Cutler
Transactional Funding
Does anyone have good paperwork for transactional funding? A to B. B to C. I'll run it through my attorney so don't worry if yours is state specific.I know not a LL topic...Thanks!Justin
Nicole Greene
Flipped One, Trying to get to the next!
Hey guys! Technically not a new member, but I've been listening to the podcast for over a year now! We are located in the Lee's Summit/Kansas City area and are looking to flip!We flipped our first and sold it in July ...
Anthony Barbato
Can you do a cash out refinance into HUD with 1031 TIC investors?
Hello,
We are currently syndicating and have $2M with 1031 investors and are closing as tenants in common. We will use a 4 year bridge loan and do a cash out refinance into HUD in 4 years. We want to have the 1031 ...
Zach Brooksher
Private Lending with Self Directed Solo 401k
Hi,Rather than working with North American Savings Bank on a non-recourse loan and having to put down 30-40%, I would like to buy a property through my solo 401k trust using private money with a better LTV and finance...
William Ford
Under Contract on First Buy and Hold Rental
This home is a 3/2 ranch on a slab that is on a hill. The neighborhood is established and the house was built in 1984. There is no HOA, thank goodness, and we are currently past our due diligence period and are in fin...
Mario Robert
Rent to Own Contracts.....Can they actually turn to sales?
Hi I'm an investor with Bridgehouse in Ladera Ranch what's the good word out there on Rent to Own contracts? I was thinking keep the option fees low and really scrub the applications to make sure the people can actua...
Eric Stugart
How much money to get started
I just recently spoke with a real estate broker that I went to high school with. He told me that in order to get a loan for a 2-4 unit multi family house I would most likely need at least $100,000 to get started and ...