Paul Cordasco
Non-Conforming LTV Mortage Newbie
I was wondering if there are non-GSE LTV mortgage options available that would permit projected short-term rental (STR) income to count at the projected cash-flow on the debt service coverage ratio? I have had demonst...
Zac Hales
1960s Ranch Remodel Between the Beltlines in Raleigh
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $290,000
Cash invested: $100,000
1960s Ranch Remodel in the heart of Raleigh (Between the beltlines!). We knew this...
Dw Chalmers
Seller finance Deal
Investment Info:
Single-family residence note investment investment.
Purchase price: $9,000
Cash invested: $10,329
Here is a 4bd 2ba house we closed on. Utilizing all cash and will actually resell th...
Carl Goforth
Multi-family units in the Jacksonville, FL area
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Jacksonville.
Purchase price: $378,000
Cash invested: $120,000
Multi-family unit in the Avondale section of Jacksonville, ...
Brahm Kiran Singh
Reducing down payment
I am taking the 90 day year end challenge. I am looking for a rental property outside SF (currently live in SF).
Talked with Bank of America and got a pre-approval for an 800k residential place with 25% down (200k).
...
Earl Co
3-family in Watervliet
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $108,000
Cash invested: $38,000
My first deal, a 3-family brick building with a 10+ year long-term tenant (c...
John Bruccoliere
Financing contingencies on Contracts?
My offer has been accepted on a bank owned property. My Listing agent is reading to send over final contracts and suggesting to include a financing contingency. I couple of investors interested in the property who wil...
Victor Gurley Jr.
From Mediocrity to Luxury
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $205,000
Cash invested: $25,000
Sale price: $460,000
I purchased this property as a foreclosure. I did extensiv...
Neal Sorensen
Manufactured Home Financing...
I have found some great cash flow opportunities with some manufactured homes but am having a hard time finding someone to finance them. Most of the time they are turning me away for one of two reasons. One, they do no...
Paul Magda
Seller Financing Analysis: To Buy or Not to Buy at $350k?
I need help analyzing a creative finance deal:
here is the breakdown
425k ARV
350k Purchase price
100k down payment
75k rehab costs
Here are the terms: the homeowner is willing to carry 250k for 30 years princi...