Alyshan T.
Short sale from my mother
My mother-in-law can no longer afford the mortgage on her existing home and my husband has suggested we move into her home. She said she is willing to sell it to us for remaining payoff amount. We figured if we purcha...
Carol Burns
Refi/due on sale clause
I have an SFR I'd like to refi. Bank is telling me I have to take it out of the LLC, put it in my name. Won't say if this will cause a due on sale clause, will only say that I'm not supposed to put back in LLC, but ...
Olena Kureshi
Subject To and Wraparound Mortgages
Hello everyone,Does anyone successfully invest with Subject To's and Wraparound Mortgages? Can't find legit information as for how to avoid Due-on-sale clause. I've heard about the option of creating Trust with the se...
Ace Williams
Movement of Cash
Hi all,
I am a newbie and I am trying to understand the movement of Cash in a Wholesale deal. Specifically, how everyone gets paid.
Wholeseller
Agent,
Seller,
And how, if using a HML
Kevin Means
Anyway to make money in short sales with no cash or credit?
I'm curious to know how the short sale process work. I'm currently in Spartanburg, SC and have a seller that's trying to get of his property. He owes the bank 108K but he's looking into a short sale. I was in the proc...
Brittani Gardner
Filing Income Taxes With Note Income
Looking for help on seller financing my primary residence (of 2 1/2 years) when I move out later this year. I have an FHA loan, and have renovated the kitchen.I am trying to figure out how to structure the deal to mak...
Miranda Wikert
New to 1031.... Help!!
Hello... We own a rental home in CA. We owe around $300k and the home is being listed for $550k. We intend to reinvest our profit from the sale into another rental property. My questions are:1. Do we have to reinvest ...
Pat A
title company for wholesaling in socal
I'm looking for closing agent/title company in Socal, Los Angeles area. I called First American; they don't do it. I called Stewart; they said they'll call me back but never did. So, I guess they don't either. So far,...
Kerry M.
What is HUD Guidelines 24 CFR 206.125?
There is a 3/1 home for sale for a few thousand dollars in my target area. Does this mean I have to pay 95% of the original mortgage held by the lender after the purchase? The home is listed in foreclosure and was r...
Kelley B.
Flipping in Phoenix
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!