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28 October 2018 | 19 replies
@Alex Young You contracted with a seller who can't pay off all liens at the contract price... apparently because he wasn't aware of his equity position.
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26 October 2018 | 5 replies
Again, a word of caution, when you finance the downpayment with a HELOC, you are putting yourself in a highly leveraged position that may exceed the risk threshold for some people.
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11 January 2020 | 81 replies
You turn the existing key to the open position, insert the tool, insert new key.
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14 September 2019 | 26 replies
(IF THEY DID A BIG REHAB STATE WHAT ALL THEY DID) You’ll get lots of feedback.
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27 November 2018 | 1 reply
Financing was a challenge but we got lucky with the right family member in the right position at the time.
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1 March 2020 | 13 replies
(long story, not very interesting read) It's a balloon at sale or maturity of the first loan.Anyway, I plan on recording it in second position.
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26 October 2018 | 2 replies
how do I determine which market to begin my real estate investing strategy - seeking small multi family units with positive cash flow of $100/unit of more
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1 November 2018 | 6 replies
Any feedback would greatly be appreciated.
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26 October 2018 | 14 replies
You will, basically, be starting a flip from a negative equity position, and you'll have to dig out of that before you can turn a profit.
30 October 2018 | 2 replies
If that is the case, you will need to get comfortable in a 2nd lien position (and make sure the first will allow).