Michael Douglas Christensen
Hard money for primary residence
Hi BP! Is it possible to use a hard money lender to fix up a property and then use a conventional mortgage to pay off the hard money lender if you want to move into the fixed up property as a primary residence?
Glenn Pelt
Aged Shelf Coorporation with line of credit already attached..Please Help!
Hi Everyone, first time poster here in the BP forum, I'm a newer member and investor and love the info on this website. Anyway here is my question. I have been approached by a company that claims to be able to sell me...
Taylor Robertson
How to finance 2nd oroperty
There is a SFH my relative is selling at auction due to personal life circumstances. They said they would sell me to directly if I wanted the house. They’re hoping to get 150k for it, but sound willing to take less. I...
Dustin Sanders
DTI Help - STR & LTR
Hey BP,
I currently own 5 properties & I have a 6th property under contract which will be a STR. All properties have conventional loans. Of these 6 properties, I will have 4 STRs (currently house hacking my prim...
Joseph Ziolkowski
Seller Protection in a Sub2
Hi all! My sister called a local investor to purchase a townhome that she is making payments on but not living in. There is little equity, and she just wants to be rid of it, and it sounds like he wants to take over p...
Mark Gee
Best Way to Sell a Cash Flowing Apartment?
Hi All,In the past 10 years, I've had a very good niche' buying foreclosed properties from banks and rehabbing them and turning them into rentals. It's worked out very well and I've learned a great deal along the way...
Dan Falla
Non Arms RRSP Mortgage - Ontario, Canada
I have hit the $$ wall like most investors. Many opportunities exist but I don't have the downpayment to further my real estate investment. I have been researching how to make my RRSP, LIRA, etc work for me.I have r...
Patrick Scifres
Long Term and Buy/Hold in Memphis, TN/What does long term mean?
I would like to pose a question, and a little bit of advise. I do not think this can be stressed enough to investors, young and old. It seems that several times a month, an investor crosses my desk that purchased a...
Tom Lafferty
Anyone had luck contacting owners directly for 100+ unit properties?
I am looking for 80-200 unit properties in and around DFW where the competition is very tight. I know it would be a long shot, but I've sent a few letters directly to owners and am thinking about doing a lot more of ...
Kevin Parnella
IRA as down payment
Hi all,I Good afternoon. I love the board. I've been reading through the posts and have learned quite a bit.I am in the mortgage industry and know general guidelines. I'm looking to try and figure out ways if using my...