Katherine Linza
Best way to use equity on new purchase owner financed home
6 September 2018 | 4 replies
@Katherine Linza Yes, as Michele mentioned, typically banks will use the lower of the appraisal OR purchase price.
Kenny Szymanski
Private lending on a owner occupy
6 September 2018 | 2 replies
The House is in an estate and want to do a cash transaction to avoid the bank hoops, not that there would be many but they don't want to come out of pocket for b.s. repairs.
Fran Rivera
Newark NJ - 2 Family - Good Deal?
17 September 2018 | 14 replies
Zillow estimate = $250kRents = ~1200 per unit = 2400Owner owes bank about $150k - Can i negotiate with the bank?
Zach Simpson
How did you invest without your own money?
8 September 2018 | 2 replies
You hear about people who get started in RE/business without money of their own, a bank, etc.
Brandon Wade
Information on short sales
7 September 2018 | 4 replies
You end up waiting awhile (around 6 months) for the bank to approve the sale.
Bob Moban
Loans for K1 instead of W2
7 September 2018 | 6 replies
Bob - you might contact the smaller to mid size local banks in your area as they might be able to work with your scenario …..do you have a primary residence ?
Kelly Chisholm
New Member Working on First Deal
8 September 2018 | 10 replies
Second, we are currently using bank loans to buy so we can build a track record before jumping into hard money or private lending- so no cash.
Aaron Proctor
Don’t know what to do next
18 September 2018 | 9 replies
I found the HELOC looks like the best option because refinancing away from a low interest rate adds to how much you pay the bank when you refinance.
Henry Ngo
Need advice in HELOC and BRRR plan
6 September 2018 | 1 reply
The amount may change, Zillow is often within a considerable level of error The bank is going to loan you a percentage of that value.
Raimel Diaz
Buying a bank owned property without access.
6 September 2018 | 4 replies
The problem is that the bank won’t allow access to enter the property at all, until the title is transferred.