After finding an HML that will lend where your prospect house is (most will only lend in major metro areas or have steeper rates if they do lend outside metro areas), I would ask these questions:
Are you a direct len...
The answer first. Here is a quick decade long summary of activity involving the largest Self Directed IRA (SDIRA) custodian in one county (Wake county) in NC. The 4 columns don't format nicely, but for each year, colu...
Hi - I am in the middle of closing a commercial property. The broker that I used initially quoted an appraisal of 650, which I paid. A few days later the broker said the mortgage company is asking for 2500. I am a lit...
So I have a tenant who agreed to an initial 15 month lease term. I did this because of it starting in January and it being mutually beneficial for the tenant and myself. When it automatically renews I would like it...
In August 2012 I became a first time home buyer in Nevada. My rate is 3.75% on an FHA loan. The house was purchased in concert with a non-profit who provided $15K towards principle. I bought the house for $100K. T...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $90,000
Cash invested: $50,000
Sale price: $235,700
My first flip
What made you interested in investin...
1st property,
Initiating construction work and inquiring as too specific questions too ask potential contractors I’m interviewing for hire... please assist
I. E
- please provide est timeline ( after review if prop)...
1st property,Initiating construction work and inquiring as too specific questions too ask potential contractors I’m interviewing for hire... please assist I. E - please provide est timeline ( after review if prop), co...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $20,000
Cash invested: $90,000
Part of an initiative to help revitalize and bring people back to the community.
...
There's a lot of blog and articles that explain the process of passing the contractor onto an investor and receiving payments etc., but what is the process of getting the initial contract from the seller to have th...