If you are looking to purchase 2 properties make sure you can get financing for both before venturing into the first deal if you are seeking loans on both.I would suggest to keep your eyes open on a foreclosure or short sale if you are very handy and like to fix things up.  

In my experience somethings are out of your control and you just have to wait for when it comes back on the market.  

Hi I have a few family members from out of country the would like to lend me money for my real estate venture .They are not US citizen, they don't have a us bank account and not planing on coming here any time soon.What is the best way to utilize their money?

That said, with a concerted effort, you will be able to locate some great deals with solid numbers.Wishing you all the best on your real estate ventures.

Bottomline:  If you select the right team, owning US real estate can be a profitable venture.  

You can't control who randomly looks at your credit to offer you their services which is why it is a soft pull and does not affect the score.Go look at your credit.

Also be careful with your fee, that is the one variable that you control completely, and it's better to do six deals at $1k each that zero deals at $6k!

A preforeclosure, is still owned / controlled by the original owner, but its just getting ready to be foreclosed on by the lienholder because the owner is behind on his/her mortgage payments.

Buying mobile homes on a lot, or land, gives you much more control.

I have an owner of a distressed property who has almost 160000 in equity in her property and the best usage for the property would be to convert it to a triplex. Her husband and her are too burned out to manage the la...