Timothy Lin
Trading up in rental property
I remember hearing on the BP real estate podcast at some point Scott describing how selling an investment property after 5ish years and trading it in for a more expensive property was the right move financially. The ...
Michael Lerch
REO Agent won't accept my private money POF
I'm a wholesaler and I've wanted to start making offers on the MLS. My friend is my buyer agent. I have a private money lender in the mix to use as transactional funding so I can close the deal.First offer on an REO I...
Josh R.
Owner finance on a house in probate
I received a response from a yellow letter I sent to a probate lead this morning. The daughter says they want to sell the house and would consider financing the sale (the home is free and clear).
My question is when ...
Nrbq Nkotb
Combining conventional <80% mortgage w\ secured credit li
Hello all.
This is my first "real" post outside of the "I am a newbie" forum.
THE BACKGROUND:
I have very limited capital, in the form of stocks, about $15k depending on the day. Cashing out isn't an option due to t...
Khizer Husain
Financing Mobile Home Park's with 80-90% POH
Any lenders finance mobile home park owned homes with 80% park owned homes? Strategy would be to convert all renters into rent-to-own model.I am getting 50% Seller Financing with 2nd position and looking for a bank th...
Michael Plaks
EXPLAINED: should I trust all those "End-of-Year Tax Saving Tips"?
This is a revision of my popular post from 3 years ago. See, the older I get (don't ask), the more annoyed I get with the endless "I WILL SHOW YOU HOW TO CUT YOUR TAXES in DECEMBER" emails, posts, webinars, podcasts, ...
Kristin Moore
Purchasing in cash with a loan from family
Hey everyone! I need some newbie advice! I’ve found a condo I plan to purchase for $80,000 in Florida as a buy and hold. It has mold from an AC leak. That doesn’t scare me and my contractors aren’t worried about it ei...
Charlene M murrill
fha
hey guys will FHA approve a loan if your credit isn't that great found a fourplex needs some rehab I would owner occupy and rent the other 3 units
Tricia Miller
Partnering to gain primary resident status
My daughter needs a place to live and I want to purchase a rental investment. Can I partner w her on the purchase and claim primary residence for financing if she lives in one unit of a duplex?
Mitchell Coles
First Time Buyer About To Lose His Deal 10 Days Before Closing
I have a client that went under contract on his first home purchase in Charlotte, NC. He was approved by several lenders and went under contract for $295K. Paid EMD and DD and set a closing date. He specifically ch...