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23 March 2018 | 4 replies
Hello all- new here to posting on the forum but have been following and reading up the past few months and had a quick clarification question on private money loans and refinancing with BRRRR.I would just like to make sure I am thinking about this situation correctly.Let's say I were to buy a duplex for $80,000 that needed $20,000 in rehab that would put the ARV around $120,000 and was able to obtain a private money loan for the $100,000 at 10% interest could I then rent out one side of the duplex, move into the other side and refinance after a 12 month seasoning period?
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23 March 2018 | 3 replies
The selling agent recommended to use the lender with proven track records, so I am currently following the recommendation.
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27 March 2018 | 2 replies
Yet there are people who want to cap rents on private property.Anyways hope you guys follow this and join this group:Better Housing For Long Beach "BH4LB" (Pro-property rights.)http://www.BetterHousingForLongBeach.comSign up for their email list for LB rent control news.
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27 March 2018 | 2 replies
My first questions are as follows: Should I pursue a real estate license now while I have a little more time as opposed to when I have a full time job?
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27 March 2018 | 23 replies
However, imagine instead of a mom-and-pop owner on the other side there is this company that has an exact process they have to follow.
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27 March 2018 | 9 replies
Actually follows the state exam unlike the other common ones I wont name.
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28 March 2018 | 19 replies
Truthfully I don’t think I want to hear the convoluted multi subject woe is me story that is sure to follow.
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28 March 2018 | 6 replies
Although an LOI is non-binding generally it is signed in good faith with the expectation that both sides will work towards getting a mutually acceptable PSA that follows the general guidelines laid out by the LOI.
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13 May 2018 | 34 replies
I'll be following it.
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27 March 2018 | 7 replies
Saturday morning I'd head home with a list and the following week I'd head back up.The second people that looked at it bought it for $58,500, $3K down at 8%.