Herb V.
BOA & Trans. funding
23 May 2011 | 5 replies
Paragraph 9 states: Buyer agrees that property cannot be sold or otherwise transferred within 30 days of closing; Or 90 days if transaction is approved under the Home Affordable Foreclosure Alternatives program (HAFA).You will need a transactional funder that will allow at least a 30 day holding period between the A-B and B-C closings.
Jeff B.
Heavy smoker rehab
23 May 2011 | 13 replies
We'll use another 2-3 ozone generator treatments, and paint/flooring should take care of the rest.Here's an example of the yellow tinge I am talking about :) The wife has been blogging about this.
Andrea F.
Greetings from Atlanta
26 May 2011 | 8 replies
We both have great credit.We have been purchasing relatively low priced houses with cash, and now wonder wether we should "up" our price range for the sake of getting financing, or keep our strategy the same and look for more alternate forms of funding.
JAMES Coleman
Fork in the road- Debt-to-income
31 May 2011 | 17 replies
I’m very happy with my current employment, but have set a goal of doing real estate full time when we can make the transition.Changing the topic a bit: My wife is super conservative and is hesitant to entertain the idea of alternative financing such as seller financing or hard money loans.
Chris Teed
if you were an overseas investors which strategy would you pursue?
2 June 2011 | 3 replies
Hope my question is worthy of your attention.Seems the best alternatives for an overseas cash buyer for REI in US can be listed as:1. do seller financed2. rent and hold3. do some form of partnership with a local player4. do private lending5. do wholesaling (don't actually understand what that it all about)6. did I miss other options?
Account Closed
Arghhhh
8 June 2011 | 16 replies
As an alternate perspective...The last two properties I've purchased have been held up for more than a month due to the fact that the seller (FNMA for one and GMAC for the other) hadn't yet filed the foreclosure deed at the time they signed a contract with me.
Ashley C.
understanding daily holding costs
5 June 2011 | 2 replies
I would not consider this a holding cost:anticipated profit = $40K; $111 opportunity cost/day If you do want to include an opportunity cost number, it would be what any cash you have invested into the deal could be earning in an alternative deal.
Caleb Whitney
Short Sale Repair Estimate
4 February 2010 | 2 replies
Tell him to give you the Cadillac treatment.
Anthony Larson
Creative financing for MLS properties?
21 October 2010 | 19 replies
Obtaing an instant income from cash flow is not as easy as some make it sound, don't be mislead.Picking up properties as the Optionee and selling them as a fix and flip will be quicker money, with 30K you might run 3 or 4 proeprties at the same time, if you can carry the load and if not much costly repair is needed..You can always regroup, circle on me at our alternate base and get a new plan order of battle.