Steve Boianelli
2nd lien on property
When houses are in foreclosure and the asking price is 250k does that also represent any additional liens that may be on the property. If I were to offer 250k could the bank come back and say there's an additional not...
Shannon K.
Structuring a Cash for Keys to help a distressed homeowner
I'm trying to structure a deal to assist a distressed owner I know. Here's the details, please advise if either option could work. Market Value of the property is about $230,000-235,000 Taxes and insurance are escrowe...
Earl Gaines
Checking Deal with Commercial Tenant component!
Hey All!To make it short and sweet, I have a major value add commercial property (4 residential units, and a 4000 sq.ft. commercial space, 2 stories tall, extremely large basement) that the owner is willing to seller-...
Neil L.
Advanced: How to get Buy note or Short Sale AFTER Auction
Before saying the obvious "you cannot" answer, please read my message in full. It's unique. Here’s the situation: Kentucky, Judicial Foreclosure State (Lis Pendens) House is worth 400k 1st Position: Santander Bank...
Adam Britt
A question about investment loans
Good afternoon BP! I have a question for you all. I'm still learning, so forgive my ignorance. I've heard the term "love money" and understand it to be money given or loaned from family. After speaking with a bank, ...
Jonathan Page
Any advice on a day job while starting in real estate investing?
Hello. I'll first introduce myself a bit to help you guys better understand my situation. I'm 21 years old and live in a college town a few hours outside of Chicago. I had a good paying position with a EV company that...
Bradley Coleman
Newbie post. I want to acquire notes. How to acquire? I have $.
want to acquire notes. How to acquire? I have $. Don't know where to start.Brad
Dan Constantine
BRRRR refi and cash flow
What factors of a property analysis let’s you know if you will still have a positive cash flow after doing a cash out refi on a BRRRR property? What do you look for? Does the 1% rule have anything to do with that?
Steven DAmbra
Looking for advice on completing purchase for flip and flip.
QUESTION:so when you got the deal, you got the property, BUT all you really have for cash is the down payment. so that leaves the 10-20% of liquid cash you need to actually close the deal. so for a fix and flip... wh...
Andrew Halbert
BRRR Strategy question, the last R
I know this topic has been discussed, I am clear on all the steps in this method, however I am not clear on how to make sure I will be able to refinance? I know not to expect more than a 70% LTVfrom the lender, howeve...