Josh Hill
How do I buy my deal after a short term interest loan is done?!
I have a deal that I can buy with no money down. I’m worried I won’t be able to finance with a normal bank with a long term loan. After the interest only loan expires. Debt on the deal cost 80k noi is 105k.
Sydnie E.
Talking sellers in a short sale situation out of working with there current realtor?
Hello BP,
I've come across many individuals that have short sales. The problem is that the seller of the homes have contracts with realtors. What are some of the pointers that have worked to convince a selle...
Carey Green
Wanting to finance a deal but I have a short sale in my history
I'm a total newb to all of this stuff but learning quickly from the BP podcast, books, these forums (thank you all).I'm curious what all of you can tell me about the potential of getting financing for a multi-family d...
Westin Hudnall
What are the out of pocket costs with a short term hard money loan ?
Hypothetically if I needed $120k for 1 month and borrowed at 10% Would my out of pocket be $12000/yr or $1000 for 1 month ? Are there any other fees?Thanks in advance for the advice
Meti Kay
How long do you have to wait to resell a short sale in NY?
How long do you have to wait to resell a short sale in NY?
Purchased for personal use but due mitigating circumstances I’m thinking on selling.. been in it for about 3 months and purchased with a conventional loan
Christopher J Smith
Should an LLC or owners name be listed on a short-term lease contract?
My wife and I jointly own a property used as an STR in Florida under our personal names. We also have a registered LLC/dba in Florida where we own it as a partnership. We are currently looking to allow for renting it...
Jeffrey Hayes
How to find out how much money lender is owed on a short sale
I'm buying flips now and I was just wondering if there is a way to determine exactly how much money is owed(in other words what the current loan amount is plus penalties and fees) in order to make a better offer on a ...
Adam Walker
Allowing Someone to use my rental property as a short term / Medium Term Rental
I have a 2/1 800 sq ft, house in Durham, NC. I have been unable to rent it for about 5 months now and I am not seeing the price point I was desiring when I closed on it (around $1700-1800). Currently property manageme...
Cliff Durrett
Need advice on a short sale where the 2nd cancelled the request, charged off?
Ok, so I have someone doing a short sale of sorts in floridaThe first mtg is with a co out of CA that bought the NPL from Fannie a few years agoThe 2nd is with Mr Cooper, and is a Fannie 2nd (didnt know fannie even d...
David Hu
Just bought a short sale property... how do I know I really bought it??
Hi all,
I just completed the purchase of a short sale property about 1 month ago in Macomb Michigan. The whole process makes me nervous as to whether or not I actually own the place. I would like to hear from...