I found a property listed at 60,000 (and worth close to that price) and spoke with the owners and found out they owe 20,000 and are selling it due to a death of a family member. They just want to move forward in life....
I have an opportunity to get an extremely attractive 13-acre lot of land in the Santa Monica Mountains with lots of potential, but I have never bought and developed land before. I've bought and flipped houses before a...
Hi y'all! After an appraisal, I have the option to put down 14% instead of 20%. With this mortgage, that would save me $22,500. It would be nice to have that cash on hand for emergencies as well as to furnish the hous...
My Fiancé and I are about to close on our first “Live-In BRRRR” but we are acquiring the property through financing. I know paying cash upfront allows you to extract that cash on the refi but has anyone done a Finance...
I tend to see a bunch of not the greatest REI on BP. Too much speculation on sfr rentals that are not going to be that profitable no matter what. I call that diving in the shallow end. If cash flow is your only goal t...
HI ALL!I am turning 18 this year and really interested in property investing. My main and eventual goal is to be a developer, and starts developing residential and commercial buildings.However, as I am currently a stu...
I am interested to see what investors do in Newport Beach California. Specifically do investors buy and renovate Multifamily properties (Duplex’s, 4-plex’s) on the peninsula in Newport? I know it’s a flood zone but th...
How do you feel about paying mortgage insurance upfront? My loan officer mentioned tax benefits as a plus and lower monthly payments. Are there any downsides to that loan payment option from an investor point of view?...
Came across a seller with terminal cancer. Would like to sell their house. House is in disrepair. My initial estimate is at $80,000 to rehab. Current value as is probably $25,000. Problem is mortgage is $50,000. Anyon...
How does one arrange financing for buying foreclosed/pre-foreclosure properties that are being auctioned? I always assumed you needed cash on hand, but can they be bought with some kind of mortgage?