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19 March 2018 | 7 replies
I put the few questions in parentheses.Thank you,TonyPlan:possibly start out with small, unimproved/vanant land1)Find buyers and make a buyers list--Market your wholesaling business---Using bandit signs "I sell houses dirt cheap"---Business cards---Internet---Real estate meet-ups2)Find a lawyer that can help make a contract--due diligence clause--option agreement--allow both parties to know who you are representing to avoid legal disputes (buyer & seller)3)Find my target area where I will do my house searching--Using the County Appraisal District4)Find distressed properties--Tall grass--Piled up mail--Boarded up windows--Take a pen & paper, take notes and pictures of the property5)Create an excel spreadsheet of the property--Owner-occupied?
19 March 2018 | 4 replies
You can get a loan on a non owner occupied property (1-4 units) that will have a fixed interest rate in the 4%-5% range right now.
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22 March 2018 | 4 replies
Normally, online advertising has been all we needed to get the word out (to non-seniors) but I'm getting a lower than normal volume of calls.
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20 March 2018 | 8 replies
The additional time it would take to self manage a 4 unit portfolio over a 2 unit portfolio is non consequential.
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2 April 2018 | 15 replies
Yash Bajpai go for properties that require a loan size and have someone to sign on the loan for you and you can get Fannie or Freddie non recourse lending at 5-6% for 30 years 8-12 loan terms.
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21 March 2018 | 5 replies
In my non-expert opinion, I may be able to rent it out for as much as $800, but I certainly don't want to count on that to make the deal make sense.
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26 March 2018 | 12 replies
@Ken Nguyen go to Zillow, type in your address, then when your property pops out (in public view, not in landlord view), scroll down and click "neighborhood".
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20 March 2018 | 5 replies
You'll just have a very hard time finding a lender who would loan on a non-HUD mobile home.
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21 March 2018 | 5 replies
The only issue is if it's "non warrantable" then that may be an issue but there's always a way.
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20 March 2018 | 7 replies
Hi all,I am looking to get a line of credit on three of my rental properties that I own free and clear. I was wondering if anyone knows a bank or credit union that offers a line of credit product on investment proper...