Crystal Salton
Need help structuring a offer with 10% down and a seller 2nd?
We are trying to find a way to buy a $550k-$600k house here in S. Florida (assume $417K conventional) with 10% down not the 20% down that is required for a jumbo, to avoid PMI doing an 80/10/10. My 10% isn't enough ...
Ashley Burns
Big mistake renting to friend. Help!!
This is my first rental property and I decided to rent to my friend. 1000 move in 500 a month. I let her move in the house in the middle of February for three hundred dollars with the agreement to pay the 700 hundred ...
Wes Delabar
Refi Cash out into Fixed Interest only loan
So I own two duplex's one I live in and the other Is a full time vacation rental. The vacation rental was my first one i lived in I put 20% down with a purchase price of 1,005,000 2.5 years ago. I had no credit due t...
Christian E Hardin
Is a fha 203k loan good idea for first investment property??
Was speaking to a friend of mine that is an agent. I asked if the 203k loan was a good way to get into my first property. My question is, is there a chance of cash flow after refinance? Circumstances being very vanill...
Justin Brooks
House Hacked Before I knew what House Hacking Was
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $174,900
Cash invested: $500
Sale price: $185,000
House Hacked before that was a term.
- I lived on one s...
Salvatore Lentini
What's holding you back from buying your first rental property?
What's holding you back from buying your first rental property? I was where you are 10 years ago and now have 127 rentals including a mix of single family, multi family, office, commercial and ground up development. ...
Cole Hagen
Appraisal Problem C6 Big Opportunity
Hi, I recently had a direct mail success for my first home. It will be a live-in situation that I am going to rehab over the first few months of living there. I have a contract on the house and am working on achieving...
Snehann Kapnadak
Chemical Bank + LLCs?
Hi All,Hope you're ready for the upcoming week!For anyone who's worked with Shawn Huss and team at Chemical Bank, do you know what their policies are with transferring title from a personal account to an LLC? I doubt ...
Abraham Anderson
What to look for/ask during inspection
Tomorrow is the inspection for a 20 unit apartment complex I'm purchasing, I'll be walking through the units along with the inspector. My previous deals were commercial office space/building 4 townhomes; I haven't pre...
Allison Haley
How would your structure....
A friend of mine has 1 business, 3 locations. I have been managing them for 3 years now. She is wanting me to purchase two of them, by assuming the payments at the bank without changing the information at the bank. ...