Troy Nonnemacher
Advice to Finance out of my "Rent to Own" Primary Residence
Hi Everyone,
I have an interesting situation that I could use some advice for. My wife and I found a house for our family and used a hard money lender, that we have done some business with in the past, to fund the p...
Greg Junge
Deal Structure For Partnership
Hi BP,I've been on here for a while and love the community and chime in from time to time. I do want to post more and be more active on here because my goal this year is to transition from Full time Realtor to full ti...
Brian Pfaehler
Lease with option to buy
I have a tenant that has asked me for a lease with option to buy and wants to take over some maintenance items (although these are few and far between on this property). I’m not sure how to approach this...I’ve done a...
Kyle Cabral
Purchased a new construction SFR with predetermined layout... and then the builders changed
Interesting scenario. My fiance' and I bought a SFR in our home town which is new construction. We went there, picked out the lot, the exact layout of the house (these were predetermined, about 10 selections) signed...
Joe Doman
Anyone invest in Inkster mi? Let's connect!
Hello, I am looking to network with people investing in Inkster Michigan. It is close to Westland, Garden city, Detroit etc.I came accross a potfolio of 15 sfr and the owner is willing to sell at discount. I just have...
Sean Kollee
Expensive market portfolio building - a brief summary
Building a rental portfolio sounds easy when listening to a podcast or reading a blog article where the investor has accumulated dozens of units all at 1% rule multiples. But what to do in a market where you want to ...
Eric Robertson
Buying a motgage from a private lender... owner willing to deed in lieu as well...need help please
I was contacted by a guy that holds the mortgage on a small 2 bedroom house in my area.He is wanting to sell the mortgage at considerable discount. We have talked back and forth and the guy seems to have gotten burne...
Patrick Smith
Thinking about getting a HELOC
I'm thinking about getting a HELOC to pay my mortgage off. I hear it can cut down on the time it would take to pay it down. Can anybody give me the pros and cons of doing this. I'm not sure about doing this and would ...
Emilio Basa
Clouded Title on LC - I want to refinance though
I purchased a multi family property in a very desirable location on LC. I have a lot of equity in the property and can sell it for 2x what I paid for it. I did have to rehab some of the property and I used credit card...
Lance H.
How much money do I need?
Hi everyone,
So here is the situation. I have a HML that is willing to loan 100% of everything (purchase, rehab, closing costs, points, interest) up to 70% LTV based on ARV.
My question is, working with homes with ...