Jason Yunk
Determine if Owner Lives in property
Hi Friends, I'm a local investor who is in the planning stages of their wholesaling campaign. Quick question: I have a sold database of properties to direct mail, but want to confirm the address of the owner. Is there...
Matt Taschner
Structuring a deal using short sale of a property
Hello everyone, I am on phase two of my direct mail campaign and have received a call from a potential seller. He owes $180000.00 on his current mortgage with no 2nd. The ARV on the house should be around 250k. He...
Jonathan Lee
Guru event ticket undisclosed fees
Hello BPers!I had a poor experience with a real estate guru's sales tactics recently. As I prefer to steer clear of defamation (I have seen a few cases of borderline slander here on BP) whenever possible, I'm omitting...
Michael McCartney
1 house on 2 lots becomes 2 houses on 1 lot each
I hope this is the right category to post this question. But near a rental unit I bought an investor has come in and bought two properties next to each other. One property was a vacant lot and the other was a house, h...
John McKee
Home warranty on MF
Do warranties exist in this asset class? Do tell!
Annette Barnett
Limits on lending for multifamily - must purchase within 100 miles of my residence??
Hey community,I spoke to a lender yesterday and didn't totally understand what he meant. He asked me what I currently own, which is a single family home, a duplex and a condo. He said something about not being able...
John Smeltzer
Hilton Head STR Investment During Covid-19 Pandemic
I'm continuing to look for a STR in Hilton Head (Sea Pines) to be used currently as a STR and eventually as a second home during the winter months when I retire. For current investors and investors looking for STRs, ...
Matt Steele
Re-fi FHA -> Freddie Mac Home Possible Program
HI BP Folks!I have been looking into either paying forward my FHA loan to get out of PMI or refinancing. I have found some interesting calculators. Basically I could pay an additional $750 to principal and get out of...
Blue Presley
Should I overpay for a property I can't resell but gets 13% ROI?
I wanted to get some advice on the following opportunity.I have an opportunity to purchase a condo in a good location and whose complex overall has had a historical vacancy rate of about 5%.Single family homes in my a...
Julian Pilate-Hutcherson
South Bend Investing, Buy and Hold??
In David Greene's "Long-Distance Real Estate Investing", to exemplify different reasons to invest in one market vs. another, David brings about the pros (ex. low price points) and cons of investing in rental property ...