All Forum Posts by: NA NA

Anyone has tried applying a second creditline on a hse having a refinance?

Whats your experience in term of how easy to get approval, what max percent of credit the bank, what reason do you tell the bank of using the send credit for?

Some investors uses hml tobuy and refinance to pay

Assuming hml fund 75percent or 100k price hse that would be come out pocket 25k 3 months pick up another hse same price at 75 percent and out of pocket 25k

A yr from hml fund ing investor have to pay off the hml and three months another hml is due

What does this approach has any benefits

An investor might affter loan at 75percent on buying both hses rather than using hml

Not only points are saved and prevent paying high interest

Would notes on 25yr amortise 13percent have any demand on the market?

How long would the note gets a buyer once listed?

Would note buyer buy notes on 30yr amortize term with 13percent terms

Would there be a demand?

Send emails to couple of wholesalers expressing interests in purchasing their properties 

Ask some questions about the clear title and repairs details but they did not reply

Maybe their hse are not on clear title

Guys other than wholesaler and reo what other ways to acquire hse below retail price?

Thanks

Hi guys have a couple of qns about notes

Heard about notes but what are the ways to go about doing them?

Would investor allow to issue notes determine the terms and rate for the notes base on the house and investor would get the fund once buyer buys the notes?

Are there any online platform to do them more of a click buy

Hi guys have a couple of qns abt wholesalers

Heard there r investors acquiring hses from wholesalers for buy and hold but the problem is most wholesalers have hses with no clear title and purchasing them is taking over the liens 

Are there ways to acquiring from them and have clear title? Do investor have to use a title company to do double closing or generally any title company would do

Any wholesalers with hses comes with clear title?

Does wholesalers typical offer clear and free title for their marketing houses?

Would they entertain questions from retail buyers?

Try to search for lender who offer foreign loan in state like ohio but there are none except one national lender 

But in florida there are quite alot

Seller is cheap? Are you referring to seller want to save cost?

Typically would having such descriptions imply the deal is not that ideal?