Cliff Pelfrey
Hard Money Legal Issues
Does A private individual doing private mortgages for profit on OO primary residents at 16 percent interest throughout the United States need to be licensed? As a private Lender do you have to provide a GFE, Tr...
Ashley Budyak
Investing in real estate with less than 2 years of full time work
What is some advice for someone like me (just graduated, does not have the 2 years of full time work) who wants to invest in real estate in the next year, but will most likely either not get approved for a loan or wil...
Renee Z.
Income does not qualify for a second property
Dear All, I know this must be a newbie question: how to qualify for a loan on a second or even 3rd property when your income is not great. A little back story here: My husband and I bought our first home, a $130,000 o...
Dion DePaoli
Due On Sale Clause - Misunderstood?
I have seen several conversations lately which have had some form of Due On Sale or Alienation Clause concept in them. As such I want to address the topic and provide a little opinion as well.
First let's start wi...
Kaleb Woods
Owner Financed Mobile Home Park (Balloon Payment)
Hey all,
I'm about to put a seller financed mobile home park under contract in June, and am trying to get a few ducks in a row for the future balloon payment. The asking price is 460k, I'm coming to the table with 20...
Steven Bays
Owner financing questions
Finding a few properties that are OF, what questions would you ask from most important to less important. There are some properties I like that are advertised as owner financed and before I go in and make a fool, what...
Najat F Kessler
What rate for 30y mortgage w/25% down 420K invest proper 3units
This is my first post here so please be gentle :D I am looking to buy my first investment property. A 3 units multifamily at 420K, brings in over $3700/month. I got 5.99 as a rate for a 30 years mortgage. Should I sh...
Hochi Yang
Do I actually need a Business Loan for this particular Rental
So my friend and I are going into Real Estate Investing as a Partnership. So him and I will be first time home buyers and we are trying to secure a SFH that is put up for sale in the UW Oshkosh college campus area. So...
Dan Maez
Portfolio Growing Pains - Best options to continue to grow my portfolio
I currently have 4 long term single family/townhome rental properties, a primary residence and one townhome my brother and I went in on for our mother that doesn't generate any cash flow. All properties currently also...
Derek Pheiffer
10% Down Conventional Mortgage (Non FHA) - Philadelphia
I am currently looking for a few different mortgage loan options around Philadelphia, Pa in the range of a 5-10% down payment. I've already been pre-approved by several institutions, however the lowest offered has bee...