Sean Portune
Re-Introduction - Moved to Morgantown, West Virginia
22 October 2018 | 1 reply
I plan to by 1 property in year 1, 2 in year 2, 3 in year 3, and so on with a final goal of 10 properties paid in full all generating passive cash flow.
Brandon Ribeiro
not enough money for closing costs AND down payment...
22 October 2018 | 60 replies
Work your number backwards and get a pre-approval to figure out what you can afford!
Rudy Curtler
Get your SH*T together...a 12 step plan!
20 October 2018 | 1 reply
Sellers will give an advantage to pre-approved buyers over other buyers who are just kicking tires.
Account Closed
Closing escrow with hard money
20 October 2018 | 16 replies
As long as that $3500 is paid at closing, and not an "up front fee".
Allison Escovedo
Do I need a lawyer!?
27 January 2019 | 24 replies
But he hasn't paid taxes this year, but it's California, so the taxes wouldn't cause foreclosure for a year or two more.
James Letchford
Rent to Own Situation? Need some help.
7 November 2018 | 12 replies
I agree with most comments above, it is very likely you will have the property in your possession again in a few years, the other issue is, lets say you apply $200/mo of the rent to principal, because the tenant is "renting to own" Fannie Mae, Freddie Mac and FHA do not recognize the additional rent paid to principal for down payment, because they lend on the purchase price, and no matter how you word it, they will not accept $10 or $20K as Down payment for the loan if it was paid to you over time. also if you need to remove them from the property it is possible a judge may see the principal payment as equitable interest in the property, there are many hag ups in this strategy.
Kalen Mills
Owner paid too much can I help cut his losses?
26 October 2018 | 3 replies
I met with a FSBO today who bought a property for 90 k a year ago that needs 80 k in rehab, but most of the comps are at 150k. Owner can’t afford the full rehab. A business partner recommended splitting rehab costs wi...
Paul Murch
Action for a discharged note?
23 October 2018 | 6 replies
My understanding that when a second is crammed down, as opposed to stripped, the value of the note is “crammed down” to reflect the existing equity.....the holder has to take a reduced balance, and that is all that’s owed....once that is paid you are done.
Mark Stephens
wholesaling what did you do first
23 October 2018 | 6 replies
All this can be done starting tomorrow using paid advertising and attending live events such as local real estate investing meetings.
CJ DeBerg
Advice on what to do
23 October 2018 | 13 replies
I live in a 275k property in Charlotte, NC that is in my name and completely paid off.