Hi all, I am looking for some information regarding owner-occupied loans.
Situation:
I purchase a property in state A with low-money down owner-occupied conventional.
I decide to move to a new state, state B (be...
Hello friends,
I came across a property in the Bronx where the owner just wants me to pay off his mortgage & $6k lien & he will sign the deed over to me. The place also needs a gut renovation but I have experi...
Real estate underwriting isn’t a commonly used term within the residential world. If you’re used to dealing with single-family homes, duplexes, triplexes, or quadplexes, you’ve probably done real estate underwriting t...
Hello BP community, Some Background: Currently had an offer accepted on a Duplex in West Warwick, RI. Just did the inspections on Friday and found that there is almost definitely an underground storage tank (for heat...
I have a handful of condominiums that I purchased in 2014 that are run by an HOA. The HOA rules and covenants were put in place in the 1960’s.
the board just passed a new rule where they have decided that owners occu...
Hello all, We have finally decided to go for our first flip. Looking for a wholesaler(s) to help locate potential properties. What are some ways to find a good wholesaler, and what would you look for when deciding ...
Hey BP community!
I decided to go give driving for dollars a try to hopefully land an off market deal. I managed to find a house that looks run down. The backyard looks like a dump and the entire neighborhood can se...
My Start in Real Estate
46 years ago I decided to switch “careers” and left international banking and became a licensed real estate broker. I was interested in commercial and investment property, so joined a mid size...
I have invested a ton of time into Driving for Dollars . Out of 42 abandoned properties I located, I tracked down 25 owners. I then either called or personally visited those people. I received negative responses on al...
I'm trying to remember why I decided to form an S-corp and I'm having a hard time...... Because payroll taxes are murder...But I do get to claim SEP-IRA contributions as an expense...My personal assets are protected t...