Ellie Narie
Can a seller "fund" your downpayment for an investment property?
Let's say the property sale price is 290k. Can we increase the price to 385k, and have the seller gift the 25% down payment? Or possibly loan it? For a regular fannie mae investment property loan on a 2-4 unit.
Ryan Allen
Upstate NY Property Analysis.
I'm looking at acquiring my first property. I'm 24 and living with a friend currently for pretty cheap. I'm hoping to buy a multi family and house hack. I found this one property that is listed as a two unit house "wi...
Account Closed
Cracks in exterior brick walls...structural issue?
I am looking at buying a foreclosure property. The property looks good except I noticed some cracks in the exterior brick. The cracks look like they have previously been filled. The exterior walls look straight I a...
Michael Ndjondo makadi
Buying a portion of lot from neighbor
Good morning Has anyone ever bought a portion of neighbor's lot in general and in CA in particular? What are the processes involved and where to start?
Christopher Hall
17 unit property in south Georgia
I've been looking at multifamily properties in GA, and this is the first one I've seen with a bit of promise.2% rule - asking $390,000; gross income $5,600/month for 1.44%; he dropped the price to $345,000 just by tal...
Harri Smith
Seller financing sample contract/Questions
Hi all
I am a considering doing a seller financing and wanted to know if someone had a sample of contract they could share. I am told I do not really need an attorney.
A few questions I have are:
1. Can I keep the ti...
Ethan S.
is this a good deal?
Hello BP,
I am interested in a 7 unit complex currently on market for 160,000.
7 unit complex, six 1/1 and one 4/2. currently, four 1/1 are occupied at 400 each and one 1/1 occupied at 200 for custodia...
Rigoberto Medina
Perhaps a silly question but Newbie needs advice
Hello all, thank you for taking the time to read this. Here is my issue in a nutshell. I am new to real estate investing and am currently on my path to getting my finances in order so that I can position myself to be ...
Allen Ellis
Ready to buy my first deal: advice welcome
Hi all,I'm getting ready to purchase my first house and would love a sanity check and any advice you all may have.Background
I'm currently living in a rented room costing me $400/moI have some extra cash which I'd li...
Dylan Haines
First Actionable Steps
Hello allI've been doing my best to get educated as quickly as possible, from the forums, blogs and podcasts mainly. I was hoping that you all could provide some guidance on how I should get started in my current sit...