My parents and I both purchased a vacation home together in 2018 (purchase price $800k). The market continued to grow rapidly through 2022 and I decided to buy them out 5/2022 in the amount of $800k for their existing...
I started this because it seems like every couple of days someone new starts this topic, I hope we can all give our opinion on this, and refer newby's to this discussion.
I think there are a few reasons you ...
Hi everyone,I am working with partners to purchase SFRs, rehab them, and then sell them. I would provide the bulk of the capital through my Solo 401k plan. I've been told by my Solo 401k guru that I can do this only i...
On the subject of non performing notes, When discussing and implementing a loan modification with the borrower, are there usually state laws or regulations (In general and/or at all) that come into play and how much d...
Hello BPers, I am looking to buy a fixer-upper in North Bay and need to finance both the mortgage and the rebuild. It won't be a complete tear down and start new, but will cost around $400-$500 k in repairs and expans...
Hi, can someone point me where I can find information on Fannie Mae HomeStyle Loan accepting and LLC when being purchased?Thanks
Coming down to Alabama in June in search of realtors in Birmingham and other Alabama cities to talk about places to buy homes, all-in prices and how to set up an operation for finding owner-financed buyers. Who wants ...
Freddie Mac recently announced guideline changes that will greatly affect residential real estate investors.
Beginning August 1st, 2008 the following changes will go into effect:
A borrower may not have more than fou...
Hello all,
I've run numbers on what I think are fairly conservative possibilities regarding a property and the question comes down to this.
My CCR is almost 1.5% higher even after taking into account mo...