Gabriel Z.
Questions about my Subject-To scenario
Hello,I have recently gotten a seller to sign an agreement to a subject-to deal. The loan amount is $220000, and the estimated Zillow price for the home is $600k. However, the home is in quite poor condition and disre...
Patrick Wheeler
Banked Owned/LLC Properties On MLS Public Records
Hey Everyone,I was wondering what some of you do when you come across bank owned properties or LLC's when searching public records on MLS. This is coming from my time driving for dollars and coming across these as own...
Patricia Mangham
Anyone used quitclaim deed for closing on REO in Connecticut?
I've done regular wholesale deals but haven't done REOs yet. I have few REOs I'm about to make offers on however banks does not accept assignment. Besides double closing, has anyone had any experience on doing this ...
Corey Walz
How to someone to Joint Venture with?
All,As you can probably guess, I am looking to close my first investment, but don't have proof of funds nor liquidity to put down an earnest money payment. I have significant experience in the syndication space (my ol...
Brett Sommerfeld
Second mortgage for commercial loan
Hello BP members,
I am looking to purchase a 3-4 unit multifamily in the Eau Claire, WI area. I am considering using a commercial loan to finance. Is there such thing as a piggy back loan or second mortgage in this s...
Chris Roche
Convert from electric to gas?
I am wondering if it is worth converting my 2 family to gas. It is currently electric and very high to heat and run appliances. I house hacked and live in one half and rent the other. Long term plan is to move out ...
Jake Thompson
HELOC or Cash Out Refi
*DISCLAIMER*I know this question has been asked here before but I feel like it is one that is specific to each person. I did look through other answers as well to get an idea of what people were suggesting on the subj...
Account Closed
Hard money financing on long-term rentals
Hey all, I wanted to reach out this afternoon to get some opinions/experience on hard money lending for long term rental holds. Use personal cash for purchase price of house & personal loan from bank for rehab? Or...
Tarek Wazzan
I put a house under contract and seller is backing off.
If a seller signed a purchase and sale contract with me and now is backing out, what should I do? Place a lein on the property or what?
Help would be greatly appreciated. Thanks.
Jake Fleming
Cheers to new beginnings!
I am a beginner at all this, but am not unfamiliar with finding, calculating, and investing. I am no where near a credited investor yet, but I understand the in's and out's of property management, business deals, tran...