My plan is to use my roth for the down payment on a conventional loan, then replenish the roth loan with unseasoned cash well after closing (from investors or bitcoin liquidation). Will the lender have any issues wit...
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All: I have a landlord in my area that is interested in selling their properties. I have the option to purchase them individually or all together. They are D class homes but have long rental history. They all need ...
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Is there closing cost involved when doing owner financing?
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I'll give a little bit of context and hope that someone can help me creatively think of a way to help.Lady bought house before married, decently taken care of it, only outdated cosmetically, BUT massive foundation iss...
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My relative's house has a reverse mortgage. I'm not listed as the executor or beneficiary in his will. Unfortunately, his health has declined recently. He said I can have the home if I payoff the reverse mortgage. Wha...
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I have a second home that my disabled father lives in and 'rents' from me. I have owned it for 12 years.Mortgage Balance = 79k @ 5.75% ( worth around 130k, paid 108k )Mortgage = $812Rent = $600Net = $-212 each month (...
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Hello all,My wife has a single family rental that's only in her name that we are considering selling. Can she use the profits from that sale to 1031 exchange into a rental property that is only in my name if we were t...
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I got an off market 6 unit 1 bed 1 bath in NC, for 150k and getting it renovated for another 150K. Renovation will be done in 2-3 months. Total renovation. Since units were in bad shape no one was ready to finance it ...
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Hi All - Can anyone share their method of accounting/bookkeeping at the start of their real estate journey? I'm wondering if I need to purchase Quick Books Pro with only having one property / fourplex or if I can jus...