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My partner and I purchased a home using an interest only loan last year and rehabbed it in order to make it a STR. All of this was done in our LLC name. It's been renting great, but now the loan is coming due and I am...
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Hi, I have a rental that I have had for about four years. Since getting into real estate investing I've been told and read about owner financing. Well my tenants lease finally ended this month and I wanted to owner fi...
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Spoke with a bank that doesn't require any "seasoning" before refinancing, however the mortgage would be amortized over 15yrs. Is this typical? This obviously would require higher monthly payments that would eat into ...
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Hello all, long time lurker but first time poster!Looking into getting into my first RE deal, I originally planned to house-hack a duplex but have been looking at the possibility of doing a live-in flip - since distre...
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Good morning,
I’ve come across a renovation property available at a significant discount and would like to secure it without going the traditional 6-month financing route. We estimate the project will take less than ...
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Hello.. Are mobile homes a good investment?
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When it comes to borrowing money, you have choices. Here's a quick breakdown of the differences between borrowing from traditional banks and private money lenders along with some perks of private lending.1. Approval P...
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I am not a novice by any means. I have a traditional rental, with a 15 Year mortgage, not cash flowing very much, but the equity is strong. and a buy and hold for retirement cashflow. I also have a SOlo401k Investmen...
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Hello! Newbie Here!I live in Ca and am looking at properties for STR in Frankfort Ky. I am noticing there are no houses for rent, only apartments and duplexes. Am I missing something?Thanks!
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So I have a solid deal available fully renovated property, seller willing to take close to 20k less than what it appraised at which would mean instant equity. Here is the issue I am unable to get a traditional loan as...