FREQUENTLY ASKED QUESTIONS

Example question: I have inherited a house and it is currently vacant. It has been on the market for 6 months and has not sold. I have lowered the price, made upgrades and advertised. What additional options exits for this property?

Example question: I have 60k to invest in real estate. Do you think it is a good idea for me to put it all into one investment? How can I maximize my cash flow with this 60K?

Example question: I want to purchase an duplex for $325K and I have been offered a 30-year mortgage at 7.75% with a 20% down payment, a 20-year mortgage at 7.25% with 10% down and a balloon payment in 7 years and a 30-year mortgage at 8.00% with 5 to 10 % down. Which option would afford me to build equity faster?

Example question: I just became interested in real estate and many people have told me that it is just not a good time to get started. Do you think that I should wait to invest? Why or why not?

Example question: I have 80k in equity in my primary residence. If you had 80K available to invest how would you invest it?

Example question: I currently own 3 investment properties and a friend indicated that I should create a business entity. Is it necessary for me to have a business and what are the benefits?

Example question: I have been an investor for 2 years and now I am interested in some of the government subsidy programs. Where can I get more information on them? I do not know how to attract tenants who have subsidy. Who do I call? How long does the process take? Will I qualify?

Example question: I have gotten consultation from you in the past and now I own 4 residential rental properties with a positive cash flow. I used your advice in the past and it has been very helpful. However, I am now interested in some commercial property and I’m not sure where to find a commercial lender? Do you have any recommendations for commercial lenders?