Dana Vijum
Self Directed IRA question
I have been reading about Self directed IRA accounts and am looking for clarification on the following:I know you can not use SDIRA for your primary residence, or for a 2nd house but what about a property that you are...
Scott Gordon
Creative Funding Options
Hi All!I am currently looking for my first investment property. I’d love to hear some of your ideas for creative funding options. I have a 6 month personal emergency fund and a nice sized retirement portfolio, but sin...
Account Closed
What kind of loan do I need? owner-occupied, no-doc
I need a loan to finance a home that will cost $80-100K. I can put 20-25% down. I'm looking for a no-doc loan but don't know exactly what kind of lender and loan I should be seeking. I do not qualify for a traditi...
Hayden Charles Langenburg
Getting beat by cash offers
I have a conventional loan so there are limits to what I can do. What's the best way to beat an all cash offer as is with no contingencies and a quick closing? I've been offering to where they would net over asking p...
Shaydon Childers
DSCR LOAN question
I am looking at an off market deal to help a neighbor and make a long term investment. My neighbor needs to sell and doesn't want to move. I wanted to propose he sell to me at a 20% discount and I would lease it back ...
Al Lee
Starting out - how are you figuring out which market to invest in
Hi everyone, I've been reading here for some time now and wanted to take the plunge with my first post! I have limited experience from buying my current home in Los Angeles, CA (traditional SFH) and from buying/selli...
Account Closed
DEAR NOAH: Is it a terrible idea to buy a condo/townhome as a primary?
Dear Noah,I had a quick question regarding the current housing market. I would like to set myself up to start investing in real estate, but currently I don’t even own a primary. I have a downpayment saved up, and I’m ...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
Keaton Hill
Starting out with little to no money, which method is recommended
Hello, My name is Keaton I am currently in Japan looking to move back to Oklahoma in September, Upon arrival I am looking to purchase my first single family or multi family house that will start my investing journey. ...
Jim Webster
800+ Credit Score but Only Qualify for Low Loan Amount.
My wife and I both have 800+ credit scores (thanks Dave Ramsey). No debt besides a mortgage for less than 50% of our $300+K primary residence. (Thank again Dave) $90K combined income. Recently caught the REI bug a...