Melissa Stanley
Starting with a Friend (LLC?)
I’m hoping to purchase a few properties with a friend/business partner but after meeting with a lawyer am even more confused. Any advice on what setup is easiest and most tax advantaged?I’m a high income W2 earner get...
Hannah Lucas
Owner Financing to Refinancing Through a Bank
Hey everyone, I am financing through an owner and I want to make sure that I do everything I need to be doing in order to refinance through a bank. I know the original deal should be documented correctly and there sho...
Josh Walker
At what rate would you loan money?
Rates are all over the place. Banks are lending at historic lows. Hard money can be very high due to how hot the housing market currently is. I'm curious to hear at what rate the average real estate investor would ...
Steve B.
Helping a friend secure an apartment
Hi,I have a question that apartment owners/managers may be able to help me answer. I'm trying to help a very good friend secure an apartment in Vancouver Washington, as that's where she works, her price range is arou...
Scott Trench
Better to Have $25K in Cash and No Debt OR.....
It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
Glenn Mayo
Questions on FHA/FNMA loans
Alright. I've heard that FHA guarantees loans for 3.5% down, even to buyers with weak credit. I've also heard that there's another kind of loan called an FNMA Homestyle loan, and that the USDA also offers zero down l...
Frank Curtis
Just found a 12-unit where owner is willing to finance.
I have been looking for some multi-unit properties to invest in, and randomly inquired about a Loopnet property. The guy ended up being the owner, he says he's motivated and willing to finance. Since I'm kind of new, ...
Joseph Messinger
Looking for a Rent to Own Contract
Hello all!Im looking for a rent to own contract. I just went pro and I dont see one in my state's documents (Alabama). Can anyone help?
Rong Liu
Low Credit Score applicants
Hi, BPers,I need your kind help.I am in the progress of screening tenants with mysmartmove.com. Currently one family applied as husband/wife/2-kids and uncle. The three adults makes 12.6k annually or 3.5 times of the ...
Randy H.
Help!!! What do I or should I do?
Wow! Where do I start? My minor kids live in a rented home in FL with their mother, and my ex. The landlord suffered two heart attacks, and hasn't been able to work himself. The home just went into foreclosure. M...