Patrick Wood
Investing seed money: what financial instrument to use as a bucket
14 January 2025 | 2 replies
I am new to real estate investing. My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -&g...
Aileen Sanchez
First lien HELOC with First Savings Bank
15 January 2025 | 4 replies
We have one on our home and it has been instrumental in helping with our 1st flip.
Jennifer Turner
How to modify terms of a seller-financed mortgage?
13 January 2025 | 8 replies
In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway.
Laura Yelin
Sherman, TX market
15 January 2025 | 7 replies
Definitely a lot of growth here as Texas Instruments is investing $29 billion into a development to bring over 3000 high paying jobs to Sherman.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
11 January 2025 | 6 replies
HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The hard money lender I worked with was instrumental in closing quickly, and I partnered with a fantastic general contractor who helped me stay on track despite the challenges.
Kelly Taylor
Recommendations for a Self-directed Roth IRA Custodian - Equity Trust anyone?
6 January 2025 | 11 replies
I think what you’re referring to is a checkbook IRA so you can bypass the custodian when performing transactions/investing and all assets/accounts will be held in the name of a special purpose LLC or Trust which is the instrument that gives you checkbook control.
Richard J. Kalnitz
Not really a new member but still a rookie having good luck with cheep old houses
28 December 2024 | 2 replies
I left that job to join Roche Tissue Diagnostics where I repair medical instrumentation across the Midwest.
Andre Brock
Transfer of title no contact of deed?
18 December 2024 | 7 replies
Hey Mike I wanted to know if I wanted to seel you my home with seller financing and I wanted to transfer title to you the buyer. unlike contract for deed WHAT is the instrument they use in Wisconsin.