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Is it mandatory to submit offers in the form of a fax? Can the offer be submitted via email? All I've done so far is fax my offers, but what I'm on the road and I need to get an offer off right then and there?
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If I sell an investment property can I use those funds to refinance another property to do renovations?For example: I sell a $200,000 condo with no mortgage debt on it. Then I refinance a property that I already own t...
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I am buying a waterfront property that has a tear-down house on Lake Okoboji. The cost is $1M, and all the value is in the land – the property would be worth slightly more if the house didn’t exist. I’m planning to ...
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Good afternoon to you all,
My name is Adonis Covington and I’m a newly licensed real estate agent! I am looking for options to fund my new business venture. My end goal is to complete fix and flips, and short term r...
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I've seen some mixed advice but am brand new to the forums. Have had decent luck with the two rental properties we own, but little equity in them as I refinanced a while back. Would like more properties!Am 32 years o...
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Hey all, I got this seller who is willing to seller finance 92% of a deal for me for 5 years at 5%. Mortgage and interest comes to just under $2,500/month. This is a 5 unit office building (office isn’t dead in Maine…...
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Looking to buy my 2nd AirBnB property for <$400K (singe family). I am considering financing the $112K due at closing with a HELOC and a 401k loan and get a $300K investor loan. This comes to a monthly outlay of $...
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I've been wholesaling for a bit now, and my current process is:1. Get purchase contract signed by seller2. Find new buyer, assign contract & get their EMD in escrow3. Escrow instructions then go out to the seller ...
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I have a deal with a hard money lender. First time working with him. The terms are not important. The deal is funded. I am the buyer. Both he and I are ready to close. Title has been slowing down the transaction due t...
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Ready to take on that first or next fix and flip? Before you roll up your sleeves and start swinging that hammer, there's something crucial you need to know: the hidden costs that can quietly sabotage your renovati...