I have a friend who has a typical investor financial picture who needs an owner-occupant loan. Here is the story: FICO husband 695 / wife 670purchase price new construction: $469kProperty in Denver COloan amount neede...
I have a property that needs some work in Monroeville. The property is currently listed with a realtor (Coldwell Banker). I decided to drop the price and I am asking $89.9K for the property. The last tenant was a rent...
New to the forums and really interested in leveraging tax liens as a strategy in NJ and NY. I have one major drawback... I can't help but to feel like this strategy has the potential to be highly predatory. If I am no...
I'm considering making the jump into the notes biz and after reading a few books I noticed some people suggest using your servicing company for all communication with the borrower. The logic is that servicing compani...
Hi My name is Mike. I'm a New investor in the Atlanta and surrounding areas. I had a owner who has called me from a probate lead. The previous owner was a flight attendant and was barely home so the property is in Exc...
Using the BRRRR strategy, I am in process of purchasing my first rental property, a duplex with a heloc on my primary residence. I plan to quickly rehab at least one of the units then move to the next. When I go to ...
Hello,I'm looking into Buy-and-Hold but am not sure if I've got the finances to do it. I'm self-employed and pretty low earner (but a pretty frugal person), so I don't have a lot of excess cash flow. However, what I d...
So I'm a little confused regarding non performing 2nds. Most I've seen have combined LTV equaling negative or at a minimum 100% equity. Meaning there is no "real" equity protecting the 2nd position.
I've hear...
I stumbled across a motivated seller moving overseas. This is where I may want to do a lease purchase but I want to know if there's any draw backs I haven't noticed with lease purchases. I don't want this to count as ...
Hello all. My name is Joshua and I just found out about the world of real estate. All of it seems so interesting and exciting. I would love to learn as much as I can about it from as many people as I can.
A little ab...