Marisol Varela
Real Estate Ownership and separation
I co-own real estate with an ex-partner, we are going through a separation and were not married. This is our current primary residence. He would like to hold the property and live in it, while I would like to rent it ...
Tanner Sewell
Rental property partnership agreement - interest rate question
I'm financing rental property purchases with a cash partner. Here's the structure & terms of the 50/50 cash-sweat equity partnership:
Money partner obtains loan and the contract on the property
Sweat equity p...
Reed Meyer
Debt-to-Income ratio on FHA Loan
I currently own one property through an FHA loan and I am looking to acquire a second one. I found a deal that would be cash flowing from day one. I would move into this new property and fully rent out my current 3-un...
Kenton LeVay
Real Estate is hard.....but so worth it!
Investment Info:
Single-family residence other investment.
Purchase price: $200,000
Bought for $200k on 12/31/2018, this was originally a SFH House Hack. I lived in one bedroom and rented the others whil...
Tommy Martinez
Are buy & hold properties recession proof?
Hello all,
I'm still a newbie when it comes to RE. I currently live in California, which as most people know is very very expensive and I'm looking into buying my first multi family home. I'm hoping to live in one an...
Sunny D.
Taxes (rental home gains)
AllI have a rental home in Folsom that I recently started using a PM for. The rent is 2095 but only cashflows about 100$ PM as i have a 15 year mortgage. I have an equity of 250K plus in the home now, so I am ok that...
Richer Tran
First Home Buyer acquired a deal but need additional advice :)
I need help with a deal , The seller has 300k in equity in the house and owes 400k left on the house. I'll be able to get 100k down payment what should be next step? How am i supposed to acquire this property if i'll...
Ellis Hammond
What do I need to know to Airbnb my San Diego Duplex?
We are considering renting out one unit of our duplex through Airbnb. We currently live in this unit but ready to move out to see more cash flow.
What do I need to know as far as the new air bnb restrictions that just...
Joshua Wilson
Multi-Family Package Deal Question
I am working a deal where original investor (seller) has 14 duplexes and SFH's he's wanting to sell. I initially thought I'd need a commercial loan and talking with few local lenders, but if they are houses on differe...
Chloe Dawn Murphy
Lucky Winner: First Investment
Investment Info:
Single-family residence buy & hold investment in Logan.
Purchase price: $169,000
Cash invested: $3,000
Bought a 3 bedroom, 2 bath house to rent out to college students. Quickly t...