A couple were promising but they got offers that were accepted during the owner period.

It took him about 7 years to do this and he had to move every year or so, The mortgage requires that the borrower live there for at least 1 year, so near the end of that period he would be looking for a new acquisition.

Without our protests and involvement, the intention had been to make lease options illegal-100%-period.""

They might still charge PMI but I believe you can get it removed (and therefore, your monthly mortgage payment reduced) after you have paid it for a certain period of time or if the property appreciates enough to have 20% equity (whereas FHA financing does not allow PMI to be removed).

In India bank provide loan amount equal to 80% of property cost rest of the money individual have to manage.

The reason I am keeping a rental despite my preference for flipping is due to the fact that by having some passive income flowing in, it's easier for me to keep a rational head when identifying deals since i am depending on flipping and doing deals as a full time job and sole source of income.Without some source of income, I get antsy when I haven't flipped or done or deal after a long period, increasing my chances of making a mistake.

The 60-day period is for commentary and thus the new regulations are not in force YET.

Heres the deal...I have a down payment ready for a property anywhere below 400k and am looking to finance the rest through a home equity loan through my partner/ mom who has 100% equity in a home free and clear (located in California) appraised at 800k.

” - Stan Brady “$20,000 into $1.2 million for Bryan Keane…For example, he created several deals where he bought and sold real estate within a 60-day time period, making up to $40,000 in one investment.

I have been licence in 4 different states over a 10 year period, and it wasn't until I got licensed in Kansas a few ago did I start making some good income.