Tara Myrick
FHA rejection
Hello everyone,I am in dire need of some guidance. Here are the logistics:Trying to acquire an owner-occupied 2-family using my FHA loan.Mortgage company rejected me because:My job is 2 hours from the propertyI work ...
Tom Gunnison
Colorado - Hard Money Mortgage Brokers
Is there a hard money equivalent to the traditional mortgage broker in Colorado e.g., an individual who has relationships with several lenders and shops deals around in order to get the best deal for his/her borrow...
Adam Haman
How do I structure a Seller Finance/Wrap?
Good day!I have a family member who is interested in selling another family member a portion of their holdings in a wrap scenario with what I perceive to be fair terms on properties the Seller owns outright. The selle...
Justin Gray
Do I need a lawyer?
Hi! This is my first post and I need some help. I'm trying to get into real estate investing and I have been driving for dollars, and last week I found a house that I believe has good potential. It's a out of state ow...
Frankie Renaldi
All about structuring the deal
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $84,000
Cash invested: $9,000
3 bed 1 bath cape cod, corner lot, fenced in yard, hardwood floors, good room sizes. ...
William Lindsey
About to BRRRR, what do you pay out your investors?
I'm looking to do my first BRRRR and have several investors. What are you strategies as far as paying them back? Do you rehab, refi, and pay them principal plus percentage?Do you 1031 and keep all the money growing an...
Heath Shepard
Cash out Refi for Investment Property
Hi there everyone!I am having such a hard time getting my money out of a house that I paid cash for. I looked at getting a HELOC but apparently, I can if it's not my primary residence. I can't seem to find a bank th...
Victor Callender
Denied a load on a multi family home
Three weeks left on closing on a multi family property in the Bronx and we were denied funding due to the fact that we priced our one bedrooms to high $1800 claim the for the Sq footage of 666 it should be priced at $...
Bradley Miller
Need advice on investing with a self-directed IRA.
Currently I have a traditional IRA in my Fidelity account sitting in cash that I would like to use to invest in a cre syndication or maybe a note or debt fund... but first I would need transfer funds into a self direc...
Dave Meyers
Buying in Mexico: Terms or Cash
Morning!I am looking at buying a condo in Mexico as a U.S. Citizen. Most of the properties are cash whereas some offer terms. My (complete nubie) question is this: if I take out a mortgage, doesn’t the lender pay the ...