Assuming good credit and income could I get a mortgage on a rental by using a 401(k) loan as the 20% down payment? What about a private loan from a family member?
Hello!I'm an avid reader on the forums, but this is my first foray into starting a discussion.Curious what you all would recommend in this situation:I am under contract to purchase a SFR located in the South Puget Sou...
This year was a big one for my family, but not because we purchased $100 million in assets, but because I haven't learned this much in a year since college. We started the year with a 1031-exchange by selling a former...
Hello! For context: I am looking to purchase property in a smaller division II college town (student population ~6,500, has post graduate courses). The town itself has~11,000 people. Apartments and homes are averaging...
So I've finally gotten off the pot so to speak and after years of reading on real estate but investing in the stock market, I've acquired my first rental. Here's the deets with a couple of questions at the bottom:Pur...
I am a new landlord with my first application. I use an online service that does background checks and credit checks with a fee. Two people applied, 24 hours apart. I like both applicants.Applicant #2 has double the m...
Hi All,I've been investing with my SDIRA for years. I mostly stick to loans/notes or none-leveraged assets. I now have an opportunity to invest in a Mobile Home Park fund. The fund holds single property LLCs. Each...
I'm having a hard time understanding the Pro Forma Cap Rate in the Rental Property Calculator. I have a property that I'm looking at and the pro forma cap rate comes out to about 8.26% with my after repair value at $...
Hey Community I am just starting my wholesaling business and its proven to me so far that it could actually work out for me. I am just having a little trouble understanding this (i know you can mess up but there are c...
I’m 19 years old, I still live with my parents where I fortunate enough to pay no rent. I don’t have any student debt, I have a good paying job where I make 18.55 an hour. As of now, I put 20% of my paycheck into a R...