Mauricio Salom
Long Term Hold
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $505,000
Cash invested: $150,000
After holding our first property for 2 years to avoid paying taxes we sold ...
Phillip Daly
Rolling a home into an LLC
A partner and I own a 22 unit complex under an LLC. We recently purchased a house and plan to purchase it under 1 of our personel names so we can take advantage of 30 year terms. Our plan is to roll the house into o...
Tim Holland
AirBnB vs Conventional Rent in Salem, MA.
I recently purchased property in Salem, MA. 3 Bed, 1 bath. I could reasonably rent it out conventionally for $2,000-$2,200. It's close to the university and downtown. Salem always has a tourist draw that gets stronger...
Brian Jasinski
First Time Buyer Loan Question
My 22 year old relative is putting in an offer on a condo. Asking is $200K, my relative (buyer) looking to put 20% down.He is pre-approved for the amount, lender has prepared both a conventional loan and a mass housi...
Colin White
(First Deal) Is this a good deal/opportunity
Long-time lurker. First-time poster. Don't eat me alive. I feel like this potential deal structure is different from most which is why I'm seeking more advice/wisdom. It's a double wide manufactured home, 3/2, on land...
Kyle John
Apartment Building - Seller Financing With Intent To Refinance??
I am trying to get my foot into the door of real estate investing and have been trying to think of ways to secure my first apartment building!
My current thoughts are that I will find a property and purchase using s...
Ryan Arsenault
HELOC for 2nd property?
Hi all! I purchased my primary residence back in September 2020 in Maine. We closed on it for $385k while putting 20% down and it was appraised by the bank at $420k. Over the past year we've been rehabbing it. I would...
Tyler Cotter
DUPLEX INVESTMENT PROPERTY.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $70,000
Cash invested: $21,233
Duplex, side by side each 2/1, 700 SQFT
What made you interested in...
Ramzi Badawi
General Questiones for Loan Officers. Real estate student.
A hypothetical example is all I need.
These are mostly about how the loan officer does business.
a. What is the turnaround time for a pre-approval?b. What hours is the loan officer available for client pre-approvals...
John Anderson
List of questions for an investor to ask a lender?
Hi all,I'm a small-time real estate investor (4 properties, 8 units to-date) looking for a solid lender to build a relationship with.Currently, I'm only looking at conventional lenders (trying to get up to the ten inv...