Hello,I currently have a qualified tenant that isn't employed due to illness (Does get some unemployment). He has proof of adequate savings and is paying 6 months up front. He plan to be employed by his old employer i...
Hi All,
I have just started out on my RE journey and have 2 properties. One turnkey and one other SFR. Both of these properties are financed with a conventional loan at 25% down. I have a question about financing.
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Is there a way to get investors to bring cash to closing for Real Estate deal for a percent ownership in the property? Or other ideas to come up with Cash for closings of real estate, that will be running a business o...
BP fam, Can you help me understand if this deal makes sense?The Seller is happy to do creative finance, but is requesting a big amount of cash upfront to go towards loans. All buyers that have responded with interest ...
I am working on first deal, so newb alert. I am looking at cheap houses (<$60k purchase) in the Hampton Roads area of VA. I have very little personal cash to put up. Would a HML care if I used a personal loan fo...
Hi everyone,My wife and I are planning to purchase our first property here int he Decatur/Atlanta area. We're wondering if we should obtain a mortgage from the outset or pay cash and then refinance. The way I see it...
Hello all still in learning stage getting close to my first deal on a buy/reno/sell
I am doing a "mock" write up of a real property in my area, central VA. I am determining the amount of up-front cash I will need on...
I have enough cash to make all cash purchases, but obviously want the leverage.Is it cheaper to a) buy all cash, limit mortgage and closing fees and then refinance ? Or b) just do the mortgage upfront? Note I am not BRRR
I have a condo for rent near a military base outside of Seattle in Washington State, and got a strange call today:A man and woman called and asked about the condo. I told them someone already applied and we were goin...
Hi all!As some background, I am new to the real estate investing community, and have a possible seller financing opportunity to pick up my first piece of real estate. My big question is, is what I’m think even possib...