Victor Kapustin
Retail Construction Project questions
Hi all, I've got raw, commercially zoned land at an intersection near me that is perfect for 6,000 to 9,000 sq ft, 3-4 unit Retail Strip center. I would need to buy 1 - 1.3 acres of this land to make this work. I'm ...
Drew Cook
Newbie questions starting out
Hello my name is Drew and I would like to ask a few questions. I am 30 years old is that to late to start?Do I need to have a good credit score and low debt?That's all I have for now. Any help would be great. Thanks
Phil Signoroni
LLC and Trust Question
A twist to the old LLC vs. Trust question. I have four properties, all set up in separate LLCs. I recently created a Revocable Trust for my family to hold all of our assets and avoid probate along with protecting m...
Chris Ballinger
Risk question for newbie
I am pretty new here but wanted to get an idea of how safe my margins should be I come across quite a few properties that can make money but unsure if I should pursue because I was told you want at least an 80k spread...
Stephen Silagy
Globe life claim questions
question does anyone work for globle.life insurance . My stepdad died .we filed a claim..I.says claim completed does that mean it was approved and they sending a che
Jerry Dennehey
Owner Occupied / FHA Question
Hello All,First post!I recently started a new job, would like to purchase a rental property in the area and finance with an FHA loan and owner occupied.Married / kids, so I would keep the primary residence.Several rea...
Frank J.
203(k) Loan Question
If purchase a property with cash due to seller distress/quick sale and then attempt to utilize the 203(k) loan to rehab is it considered a cash out loan if you want to end up with less money down than you paid for it?...
Account Closed
3rd Owned NTS Question
I have someone that wants to sell their property to me. Right now it says an NTS was filed last month, there was already a sale date that passed, and now the foreclosure stage is "3rd Owned". Does this mean that the m...
Carlos Quiros
Hard Money Loan Questions...
Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the pr...
Melissa Padilla
Loan Question - Down Payment
Hello BPers! I am a first-time home buyer and my significant other has two rental properties. If we were to get a conventional loan together for a property that we would live in, is 20% the minimum required to put dow...