Alejandro Flores
Houston: Funding for a duplex conversion.
I need help with funding this property, my first private lender was not able to help me out since they are having some issues, so I'm writing this for to find help or tips on what to do.Where I'm at:I just started my ...
Dan D.
Thoughts on Macro Market Trends
In the area I'm in, newspaper articles say the market is "slow" because of the number of transactions that are taking place are less than hoped / expected. But it's a limitation on the supply side instead of on the d...
Timothy Winfield
Does the title company need my SSN to close???
I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled...
Casey Spivey
Assumable HUD loan?
What are the qualifications for an assumable HUD loan? I have ran across a multifamily complex and the owner states thay have already went through the HUD process and the HUD loan is assumable. He didn't know specific...
Ted Akers
More Short Sales and The Elusive Shadow Inventory
What do You Think?
The Wall Street Journal is reporting that studies by Standard and Poors and John Burns Real Estate Consulting conclude that 70% of loan modifications done will delay but not prevent foreclosures. ...
Account Closed
Looking for real estate agent in Joshua Tree, CA
Hey everyone!My wife and I are looking for a real estate agent for the Joshua Tree area for our first purchase. We’re looking to buy either a parcel of land, or a place to fix up and rent out as a vacation rental.Also...
Elijah Brown
Why I'm Buying $100M of Apartments
Current Economic Landscape
The general economic sentiment is bearish. Record high inflation drove the Federal Reserve to significantly raise interest rates, making the relative purchasing power of the average America...
Ben W.
Second lien on multifamily
I am looking at purchasing a property and assuming a non-recourse Fannie Mae mortgage in place. Is there any way to get a second mortgage on the property?
Adrienne Herrenbruck
Looking for Input on My First Commercial Property Purchase
I'm looking to buy my first commercial property. It's two small lots, one with a building currently renting and one with a currently rented parking lot. I'm having a hard time getting answers from lenders on what ty...
Danny Day
REO / Foreclosure Supply Down?
I'm wondering how the supply of bank owned properties is going in your market.
Currently in Houston the supply is way down. We're seeing less than 5 months of inventory which is starting to look like a sellers marke...