Buy my first house with a 100% financed mortgage loan from my bank?
OR
Use the mortgage loan which would be 90% financed from my bank to buy a multi family unit? and then eventually get my very own home.
Why or why...
Finding The Deal
This deal more or less dropped in my lap. I had ‘wholesaled’ a property from a seller in the Summer of 2020. You can take a look at that deal diary here. The seller and I had stayed in contact for ...
Hello all, I currently own 3 townhomes on a street with a total of 12 townhomes. The owner next to me has offered me a owner finance deal for his 8 town homes for 400,000. He wants 80,000 up front on a 3 year balloon ...
I'd love some input into the idea of buying cheap properties in a economically depressed area with cash, and selling them with owner financing as a means of income.
I have purchased two properties in the past with ow...
Hi all,Purchased my first duplex just over 10 months ago. Put some work into it with it rented the whole time and thinking about doing a cash-out refinance for my next investment property. In contract on a property ...
For all of you aspiring real estate entrepreneurs and investors who want to make money in the real estate game Lease Options and Options are great way to accomplish this with little money or no credit. Let's examine t...
Hi all. Im new to the website and figured this would be a good place to get some information on my situation.
I divorced last year and we agreed to keep our 2 rental properties 50/50 ownership. One is worth more than...
I'm a new real estate investor and to date I have assigned two contracts. I really want to take on a rehab of my own, but like many people, money is a major obstacle. I have a team of contractors lined up, my A-Z ga...
I purchased my first Duplex property about three months ago for $75k, using FHA 3.5% percent down. The original plan was for the tenant's side to pay 100% of the mortgage / taxes / insurance / PMI, while I cover trash...
I performed a Cash-Out Refinance on Property A in December 2020 and the proceeds have sat in my bank account until June 2021, where I used the refinance cash to pay all-cash for Property B. I'd like to not wait for a...