Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Trust deed investing, also known as lending on trust deeds, has grown in leaps in bounds since 2009. With banks in turmoil in 2009, it prompted a surge in private money lending from 2009 to 2015. So why such interest ...
Investment Info:Single-family residence buy & hold investment in Wilmington.
Purchase price: $111,775 Cash invested: $143,800In the National and City of Wilmington historic district this house is being rep...
A local agent told me for buying homes these days, need to avoid putting in contingencies to get offer accepted by seller. I'm just wondering if it has gotten that competitive and hot a seller's market in the SF Bay A...
Can someone please explain step by step {short bus} on how to post pic to your post. I created a gallery & named it with pictures in that gallery. In the message body there is a button for image. When I click on i...
I have this situation:I am buying a property that I would like to keep as a rental (triplex) and the owners want their money in 2 months, so my options are:1.-Buying owner financing with 10K down for 1 month, fix it (...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
I am looking at a large duplex in Central Illinois that currently has a tax lien and the redemption period is almost over. The house is vacant and in disrepair so the nether the owner nor the lien-holders would not be...
Hi all,Just put a owner occupied SFH under contract and have a question. The owners have been trying to avoid foreclosure by Wells Fargo for years. No payments made in 8 years and taxes paid by WF. The owners found a ...
If there's one thing I learnt from the massive crash of CRE in 2023(and 2024) is that "Do not become passive investors". WHen you are passive investor, you become the dumb money , your money is being misused or misman...