So here's the deal. House is listed FSBO @ $154,900. Built in 2001. It has 4 beds, 3.5 baths and 2,662 sq ft with a 2 car garage. Nothing fancy, typical house for the neighborhood with hardwoods, fireplace, etc. No up...
Pardon the newbish post, my financial strategy needs reworking and I am hoping for some feedback here to help.I am in the process of my buying my partners stake in our short rental in Maui. We split the down payment...
I currently Live in florida i have been almost looking at 120 deals a day. I find some good cash flow deals but dont have the means to put a down payment on any loan or any offer. Reached out to friends and family and...
Yesterday I closed on my 8th rental unit. Its a 900 ft 2/1 that I bought for 54k, it's probably worth 70k as is. Terms were 5k down, and $450 principal-only payments till its paid off, so a little over 9 years. The fi...
Just signed a contract to purchase rental #15. It is my intention to STR the subject property. I signed a contract to purchase this property subject to the mortgage. I would hate to have the note called and have to pa...
Day in and Day out I get people calling me for help. They want to buy a house. I have them send me a credit report and although I'm obligated to help I can't help wonder what these people are thinking. Back to back co...
I'm extremely new to the idea of using my current home as a rental...but thought it might be a great idea. I've had it listed to sell because I am planning on moving 3 hours away. I've had numerous looks...but no bite...
If I get a 50k loan from a private money lender to purchase a property and then a friend loans me 5k for the down payment to the private money lender is that doing too much borrowing?? If not, what is a good interest ...
I am selling my commercial building and am financing the sale. The bldg. is paid for.There will be a down payment and monthly payments but the profit won't be realized for years. Is there a way to avoid the tax liabi...
I am currently trying to use the equity on the 1st home with a credit union bank , I want to do a cash-out refinance of 80k to purchase a 3rd property, but the credit union is saying that my debt to income ration is a...