Hello! First-time homebuyer here. I recently came across the Fannie mae home style loan, which I understand is a conventional renovation mortgage. I want to know what is the benefit to obtaining a property under this...
Hello everyone. It looks like when you talk about wholesaling it is a touchy or sticky subject. A lot of people scream its illegal, many people say it’s against the law and you are acting like a unlicensed broker or ...
Hi guys!My partners and I have received a lead from our direct mail campaign and the seller wants to sell his former home. He moved out 14 months ago and it is currently vacant, he lives not too far in a new home. H...
A tenant is interested in buying the house he is renting from me via Land Contract. I have not done this before and would like some opinions on what to look for and how to set up the payment?
I am curious what commo...
First of all thanks to everyone who helps with this post. I am in month 2 of my first direct mail campaign. Today I had my first motivated call and would like some help on determining value.
I am in Tampa and the m...
I’ve been looking into how to structure subject to deals so that I can use this strategy to get rental properties in my portfolio that can be leased out or a rent to own (whIchever Works better.) Can anyone here on BP...
i was told by my mentors that the tax rate is very high for the capital gains for flippers and wholesalers compare to landlord. I understand the landlord part clearly, however does not know how much tax does a flip...
I have a subject to deal that I can pursue, but my broker tells me that subject to is mortgage fraud. Basically if the current owners die, go into bankruptcy, or something else, I would lose the property and it’s not ...
Hi! I'm interested in purchasing a vacant property. There's a lien on the house from a private lender. Based on my research, I believe the lender might be deceased. Will I be able to purchase the property with the...
If I buy a property subject to the existing loan and later on stop the payment, whose credit will be damaged if the bank comes in and foreclose the property?
Thanks,
Rocky