Todd Smith
HELOC risk and downside
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
Geoffrey Pierce
Risks taking 2nd mtg
I have a lead where an out of state investor son wants to buy the owner mom's house in arrears. She'll hold a silent second for me bringing the loan current and I'll be a 50/50 equity partner. What are my risks and th...
Ernest Grindle
Risks related to Foreclosure.com
Hello BP! I'm starting to look at listings on Foreclosure.com and was wondering if you have any tips on what I should look out for. I'm specifically wondering if I need to do any due diligence before making an offer t...
Jovan Dinnall
Moderate Risk Private Lending
Do most private money lending company's help you mitigate your risk, by analyzing your deals on their end as well?
Kameeka Shirle
Carrying All the Risk
Hello, my business partner and I are looking to acquire a daycare business and the real estate. She had the knowledge on how to run the business, but her credit would not qualify for the loan and the bank is saying th...
Derek Wheeler
What are the risks??
Hello!I am currently under control on a duplex in Arizona and I came across information that I am concerned about. The property was originally a single family home converted to be a duplex and was never permitted to b...
Edwin Ro
Appraisal Contingency Removal Risks
I put an offer on a home for $990k, which is above $975 asking. There are 8 offers but the seller countered at $990k but no appraisal contingency. What does this mean? I plan to put down $250K and have a pre-approval ...
Jordan Decuir
Aluminum Wiring Risks/Costs
I am in my option period to purchase a home in Houston built in 1983 that has aluminum wiring. What should I watch out for with the aluminum wiring? What are the risks? The intent is to hold this property as a long te...
Joshua Acosta
How to reduce risk
Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...
Chad Trail
Kileen multi-family risk
I recently moved to Waco and have noticed that on paper the Kileen multi-family market looks good. I hear it is really rough as far as crime and drugs. I’m curious as to the experiences of investors in this area. Are ...