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I am looking to acquire a 4 unit property that is selling for $750,000. My lender is telling me for conventional financing at 30 year term that there is a maximum loan limit of $453,100. So I would need to come up wit...
Hi Everyone,
This is my first post. I'm in the process of acquiring a property with my wife in Baltimore County, Maryland. The acquisition is on a personal basis with traditional 30 year financing. After close, I'm l...
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Hi everyone!
Hopefully, this post finds you all in good health in good spirits.
My question is as follows:
What does an investor have to do in order to pool the funds of individuals without having to represent/sec...
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Owner has this property on the market FSBO for 362.5k, he will sell for what he owes 352k. Property is worth 390K. Payments and taxes are current. Mortgage payment is $2,310 PITI No repairs needed. He needs to sell as...
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Hello Everyone,My name is Maxine Hough and I'm a new member from the awesome city of Austin, TX. I've spent the past several months or so researching and educating myself in everything regarding wholesale Real Estate....
Here's a tip for working with hard money lenders.Don’t expect to get a hard money loan without signing a personal guarantee. Lenders want to know you are personally involved and have a real desire to see the project t...
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I have been traveling for work and I am moving back into one of my multi family homes. Anyone know if I have to live here for some duration before refinancing?
My mailing and business address is a relatives since I ...
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Hello allWe are considering accepting a holding fee from a potential tenant that will go towards his security deposit when he completes payment of security deposit and first month's rent by a specified date. If he fai...
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Hey all! I've been reading a lot of the information on the site over the last few weeks, and figured that it was time to join. My brother-in-law and I recently started talking about investing in some rental properti...
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I dont have 10 kids. Just wanted to say hi and introduce myself. This site looks like it has lots of useful information I look forward to see what I can learn.
Hi All, Bill :lol: