
31 May 2024 | 6 replies
Most auctions require us to fund within 24 hours.

31 May 2024 | 16 replies
(Being that most apartment building in downtown lisbon are small and only need refurbishment on the inside no structural repairs needed).Which offer incredible yields both on a rental basis or from a fix & flip perspective.In my specific case I don’t have the required funds available to enter on my own and therefore am looking for seasoned investors who would be willing to enter on a partnership or joint venture to invest (all legal, with written contracts obviously).I have seen people with no money but the right skills and connections for the job be successful at it.

29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

31 May 2024 | 2 replies
I'm hoping to find a management company that works with traveling Nurses that require short term rentals.

31 May 2024 | 8 replies
@Jim Miller Lenders tightened requirements and limited products since rates went up.

29 May 2024 | 4 replies
His goal is to grow wealth through real estate investments with a balanced approach, minimizing time commitment, and maximizing returns.- He recently inherited a 3-bedroom single-family home in Fremont, CA, valued around $1 million, currently rented out for $4,000/month.Alex's main concerns are balancing his full-time job with the demands of real estate investment, managing cash flow effectively, and understanding the potential tax benefits.- What investment strategies should he consider?

31 May 2024 | 9 replies
Additionally, the contract requires that the deed be recorded in the borrower’s name once the contract is paid in full, but it’s silent as to whether we have to record when we purchase the seller’s interest in the contract.

1 June 2024 | 18 replies
Check out bullet point 3 under (a) eligibility requirements which verifies that the borrower must be used for personal use and enjoyment (ie. you cannot use the property if you rent it out more than half of the year).

31 May 2024 | 6 replies
They may feel a sense of entitlement, and they may not even be good renters.Unless this is some unique situation like a ranch that requires special skills to maintain the property, I recommend you remove the caretaker, spruce the place up, and put it on the market at market rates.I also recommend you look for a professional property manager that can help you navigate this immediately.

31 May 2024 | 1 reply
I was wondering if hard money lenders or private lenders require you to be licensed as a mortgage loan Officer to find them new clients.