Sanford Collins
Lien in second position to Hard Money Lender
Hello,
I'm considering providing private money for a rehab deal that is primarily funded by a hard money lender. My contribution will cover closing costs and financing costs and be approximately ...
Bryan Wilson
Assumed Mortgage Question
So I've been searching and haven't found much around the topic of assuming another person's mortgage. I have a friend who is moving and originally purchased his property with a Standard FHA loan. I'm attempting to a...
Lisa Maceda
New From Chicago - FHA 203k for first deal?
Greetings all! My name is Lisa and I currently live in the West Loop area of Chicago and work as an interior designer. My boyfriend and I are in the stage of gathering information and formulating a plan to begin fli...
Marco Harris II
Greetings from Durham NC!!
Hello everyone,
My name is Marco Harris II, I am a research scientist/aspiring real estate investor in Durham NC. I currently own 2 properties, one rental and one rehab that I live in and am about half way through ren...
Andrew M Bickett
It can't be this easy. I must be missing something?
Found a duplex in a decent neighborhood renting for $600 and $550, respectively with a sale price of only $79,000. Even accounting for 25% of rent going to Property Management, CapEx, Repairs, Vacancy etc, my calculat...
Viana Bailey
Foreclosure Auction - Dealing with Occupants
Hello,I just purchased a property from the foreclosure auction in South Jersey. I just found out the owner up and left & wants nothing to do with the property. The people currently living in the property are famil...
Krysten Simmons
Bankruptcy in progress am I a lost cause?
How often does a person in my situation get assisted with buying their first property through a lender?
Arlene Eckert
My head is spinning...Read and advise PLEASE
I have been reading these forums and all the info is making my head spin. I have a couple of guru programs that I am getting my money back on because I am thinking you don't need them.
My question: I am working with...
Desreal Shorts
My House Hack Journey: Detroit Edition Update #2
Welcome back to my house hack journey. If you are new I encourage you to go back and read the previous post so that you can get a feel for the full process. For those who are returning, you may recall that the last th...
Christine Krizenesky
Using Personal HELOC to buy a flip house
I recently used a personal HELOC to purchase a flip house then rehabbed and sold the house. I decided to use a 1031 exchange for the tax advantages and our accountant told us we can’t use any of the proceeds to pay ...