Jeremiah Dunakin
Trying to understand Land Contracts
23 February 2024 | 13 replies
Typically the borrower never records the land contract (which they should)Pros for buyer - noneCons- tough to insure, could be easier to be foreclosed on, name not on deed, Also most buyers do not run through title or get title insurance as wellMost land contract sellers run it like it’s the Wild West and do not understand these are still consumer loans and follow state and federal guidelines
Jeremy Crockett
Looking to get into real estate investment Recommended to BP by a friend
21 February 2024 | 1 reply
Paid off my student loans after 10 years of graduating.
Shukr S.
Seeking Hard Money Partnership: Flipping Success in the DMV Area Without Interest
21 February 2024 | 5 replies
IF you’re willing to give up a larger share of the total profit than you would be giving up with interest on a loan, then what you propose is doable.
Joe A.
Responsible for Accrued HOA after foreclosure
21 February 2024 | 1 reply
Hi, I bought a property on a 1st loan mortgage foreclosure.
Michael Moreno
Closed on my First Property at 23-Years-Old - Seeking Advice
21 February 2024 | 6 replies
My name is Michael and I am seeking advice on how to go about my first purchase.I bought my first property as a primary residence for $258,990 with an FHA loan at a 4.875% interest rate.
Robin Waters
Looking to Buy with Cash in Asheville, NC in a 1031
23 February 2024 | 22 replies
This is a conundrum as more people are default this year than ever since 2009, but I think the reason is all the government assistance, and the extremely high demand for sub-prime loans.
Kevin Stearns
Loan Options For Subdividing Riverfront Land
19 February 2024 | 1 reply
We have it under contract to purchase cash for $1,300,000 and only want to put $600,000 of our capital down and find a lender to loan us the $700,000.
Kalei White
Would you buy your first rental property all cash or use leverage if you have 600k
22 February 2024 | 50 replies
The benefit of real estate is the 5x leverage even at 8% loans, will nominally return 18-26%.
Rafa King
How to get a loan for the 2nd primary house which is cheaper than my current one
19 February 2024 | 6 replies
If it isn't for a bigger home, better school, work, to be closer to other family, etc then you could switch to a conventional loan.
Alexis Galligan
Renovating A Duplex with Very Little Cash - How to Finance or To Wait?
21 February 2024 | 6 replies
Should we open a zero line of credit (through home depot, credit cards, loan?)