So I have read and understand the 2% rule but my question is for the non traditional home loan/mortgage. What percent do you want if it's just buy cash for a property? Seems to me 1% a month or 12% a year seems goo...
HeyI'm still very new to Hard money lending and I was wondering if anyone can explain to me exactly all the details of hard money lending, when and how to use it, and what is essential for me to know when using it.Any...
Hi BP!
I've done a few deals over the years, but they've all been either buy and hold or flips. I keep hearing more and more people talk about wholesaling claiming that you don't need to be a licensed realtor to do s...
So I will start... About 4 years ago someone gave me a free piece of land. I was like...How could I go wrong? Well, after owning for 3 years and paying $90/month HOA fees, I finally gave away to next door neighbor. ...
Can someone explain what this means? I'm reading it in on of the BiggerPockets book and not really understanding what "due on sales clause means"ThanksSteve
I believe I understand the method of the wrap mortgage. My question is does the Deed Of Trust get transferred to the end buyer at the time of sell or does it stay in my name until the loan is paid off? Here is my s...
an old guy owns a duplex free and clear. i brought it up about owner financing but people always seem to get a little bit freaked out by it.how can i explain it better so they dont get scared?
I've been researching this rule for about a week. And still no definitive answer.E.g. I buy a home for 50k. 40 days later I attempt to sell for 60k through conventional lending.( not FHA)Is this possible? What exac...
Being overwhelmed with all the info about investing in multifamily! The best advice i got is to find someone in my area (syndicator/investor) currently doing what im doing and sort of become a apprentice so i'm curren...
Las Vegas real estate agent here. I have a former client who has financial trouble. Received NOD and is curious what her options are. I spoke to my LO and they said if there is enough equity to cover the cost of selli...