Hey guys, a newbie here looking for some advice. I'm 21, I've been investing in real estate for 3 years now. I was able to save a good amount of money and purchase a 3 bedroom 2 bath mobile home on an acre of land all...
Hello guys, Im planning to buy 3plex/4plex and it's selling for around 300k. However I only have 10k available cash.If I were to put a down payment of 20%, i don't have enough. What's another way of funding this? I'm ...
I came across a 20 unit apt in Houston, TX. The owner has a mortgage on it that is not assumable.Is there a way to purchase the LLC that holds the building/mortgage or will that still trigger a due on sale clause? Or ...
Hey folks, So I have approached some family members and have a few that would like to start investing in real estate. I would be the muscle and they are the $. Does anybody have an example of a promissory note I cou...
I’ve been doing a lot of reading and research about how to get your first multi unit property, and I’ve been hearing different strategies as to acquiring your first deal. Mainly if you don’t have the down payment for ...
Hi All,
I have recently created a new LLC in TN for the purpose of Real Estate Investing and the LLC has 3 members (33.3% each) including myself and 2 foreign investors from the UK. As my partners are foreign, they w...
I have a question with an FHA 3.5% down on a duplex. I plan to live in one side., so will be owner-occupied. Is it a requirement to have 3-6 months of reserves mortgage payments in the bank before loan will be ap...
An Hard Money organization in Charleston has been offering funding for 1st mortgage security to Flippers with good plans for several years now. Another group of RE investors thought that if they teamed with the form...
I have 5 properties (all Fannie/Freddie) I had my lenders put in forbearance when Covid hit. I am now making plans to emerge from forbearance and refinance two of my properties ASAP. I am aware of the requirement of...
I am looking for a New construction private lender. I currently have a mortgage on a Townhome and am looking to acquire a second home, I will be renting out the townhome when we move into the new home for almost doub...