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12 January 2025 | 7 replies
my condolences on your recent lost.there are a few ways you can do this, as mentioned above you can take a heloc on your primary residence which will give you a second mortgage, first mortgage payment wont be impacted. you can do cash out refinance which will give you one mortgage and payment. it will pay the old mortgage and give you money in your pocket to pay for the rehab.or you can do a renovation refinance which is similar to cash out refinance but we would contractor involved as part of the refinancing and they are paid through the loan
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7 February 2025 | 12 replies
@Nicole ShoafSmall world!
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26 January 2025 | 51 replies
I am 80 years old and rely on investments for retirement income.
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22 January 2025 | 16 replies
If the sell is motivated enough, then the wholesaler has all the value in the world.
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1 February 2025 | 3 replies
I follow up a few weeks later and was told that "the city was going charge $3,000.00 to remove the old dumpster but we (the management company) could do it for $2,000.00, so we just did it.
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28 January 2025 | 8 replies
I got my license as an agent and have done a lot to learn as much as possible about the market I'm in and the real estate world in general.I am working with one investor currently, building a plan to start spec building in the new year, with a few other ideas as well.I'm excited to meet like minded people on this forum!
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23 January 2025 | 3 replies
Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure.
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16 February 2025 | 18 replies
Ivan, I'm in Tampa too and I'm a lender with formal commercial credit background from two of the largest lenders in the world and 34 years of lending experience.
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18 January 2025 | 13 replies
I have a 5-year-old, so here goes:Wholesaling is like finding toys that other kids don’t want anymore, showing someone else where to get those toys, and then asking for a finder’s fee in gummy bears.
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15 January 2025 | 9 replies
BiggerPockets has already been a great resource, and I’m excited to dive deeper into the real estate world.