Can someone tell me what kind of risk I'm running if I sell a home on LC that I have a mortgage on? Is my risk simply a financial risk in the sense that the the bank could exercise the "due on sale" clause on me if th...
Real estate investors often find themselves traveling to and from rental properties, banks, hardware stores, and meetings with various professionals. If you've set up a home office, your business-related travels are t...
New guy and still trying to find my way. Does the current market in Phoenix still support flipping?Which indicators do you use to determine when the market does not support it?Thanks!
I would appreciate help in locating note buying related documents, Note listing agreement, purchase agreement etc. ... I'm working with an investor/ 2nd lien holder to sell a note for a motel in California. Thanks,Arif
Hello BP Family,How do you all determine numbers for a commercial mortgage when estimating if a property if worth purchasing? Below are numbers I have (50% rule), the main concern is how to get accurate estimates (tha...
Hi All,
I am buying few properties in MO, the seller signed an agreement for a conventional loan but she verbally told me that she would like to close the deal with cash! Can she do this? I do not wish to do a cash ...
Is it doable? Lien $450k, homes current value=$400k
Hello all,I am in the initial planning phase of building a primary custom home for my family. I am looking to be my own general contractor to save on costs and gain experience. I have a relationship with an experien...
Newbie here. 2 Part Question.
Spoke with a motivated seller today about a good deal on a SFR rental home. Details below.
3 Beds / 1 Bath
ARV = $35,500
Repairs = Less than $5,000
Currently rented for $650 a month
Ag...
So, I'm getting ready to hire some contractors, not sure if they are license or not, some of the contractors were refer to me by realtors, and friends.
How do you handle insurance should something happen to one of them?