Mike McCarthy
Good Seller Finance Terms
I'm considering purchasing a pair of duplexes from an older gentleman. He's been renting these properties for 25-30 years and is looking to be done with them. I'm considering a seller-finance offer to help with clos...
Colin Murphy
Type I business? SP or LLC
When just starting out as a REI business, how should you structure your company?
Sole proprietorship (with enhance liability insurance) or LLC.
If you and your spouse are running the business together, is this a partn...
Scott McGadden
Looking for next moves for long term SF rentals in the Austin and San Antonio areas
I'm looking for options for possible next moves for one or all three of our single-family rental properties in the Austin and San Antonio areas. They have low 20% ltvs and have market values in the ~350k. A local Pro...
Wesley Robirds
Financing multifamily unit while occupying one unit
How hard would it to be to finance a four plex while occupying one as a first investment and would also be my first home loan in general? The more information I can get the better on the possible down sides up sides ...
Samantha M.
Probate Property Question (property deeded to heirs)
If the property has been deeded over to one of the heirs it is no longer considered an estate property correct?
For instance if Jane Smiths property on 123 Green Street is going through the probate process it is stil...
Amanda Elsberry
My lender changed his mind
We have been looking at some property for some time. It would be for ourselves to live in. The property is a huge piece of land with a 1990 manufactured home. We also have our own business so bank loans are hard for...
Mark DiRenzo
Looking for Opinions
Whats up guys! I have a situation that I need expert opinions on since I started out and dont have a mentor in the field! Im looking to buy another rental property in a prime student rental location for $250k. Down pa...
Simon C.
Buying second property
Hi all, My question is how/ what kind of loan could I qualify for as a newly licensed realtor with no W2 or full time income?I have built up some equity with my current conventional mortgage on an owner occupied tripl...
Christoph Berendes
Owner (K-1 partnership) -occ. refi, depreciation and debt/income
My wife and I own a 3 unit apartment building as a partnership, shown on K-1 returns. We have lived in the top unit (#3) and rented out #1 and #2 for about 20 years. We'd like to refinance. (Note that the numbers belo...
N/A N/A
Analysis - Subject To (1st one)
Seller is moving and need to sell:
Residential - Single Family
3/2/2 Ch/a - Good Condition
1444 Sq Ft
Appraised for $79,000
Bought for $75,900 2 years ago.
Owes $73,000
I want to purchase his home "Subject To" his e...