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10 February 2025 | 3 replies
I found the son on Facebook and sent a quick intro giving my condolences, expressed my interest in purchasing the property, and provided my phone # in case he decides to follow up.I'm in the process of preapproval with a couple lenders, and have reached out to a couple realtors in my area to see which may be a good fit.
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23 January 2025 | 7 replies
You got some solid advice above check with your lender and get in contact with an attorney like @Bob Floss II who can help setup the OA.Assuming there is no pushback from your lender, you should be able to do a quit claim deed to retitle.
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28 January 2025 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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11 January 2025 | 7 replies
What I think you'll need to find out from lenders/banks/credit unions is how much historical timeline they'll need to review to support the valuation/income.
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28 January 2025 | 7 replies
If you are skilled in each of the areas above, and you have enough in reserves to cover the costs of when things do not go as planned, then you can likely attract money from private money lenders who want to get a return on their money and they see lending to you as a low risk way of earning a better return than in the other passive investing options they have.
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8 February 2025 | 8 replies
Find a private lender who would give you that debt for a lower amount.
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14 January 2025 | 3 replies
You can also search Google and read reviews.
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14 January 2025 | 25 replies
Look at the current reviews and see how people feel about the place.
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19 January 2025 | 56 replies
Some of them continue to get positive reviews because investors receive their distributions like clock work.
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7 January 2025 | 8 replies
So is it a matter or reaching out to lenders saying I'm willing and able to act as a broker and ask for their terms/rules?