For years on this board I’ve written tirelessly about making sure you know who you are borrowing from. With the number of local real estate clubs, now well-attended by legitimate lenders, there’s no need to take a ch...
A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
Hi there,
So, I am new to investing. In the past 6 weeks, I've been able to buy property from motivated sellers and sell it for a very large profit. AS a result, I applied for private funding with willie stevens with...
I've been asked to pay $1,365.00 for Appraisal fee, loan origination and processing fees before loan can be sent to underwriting. It's a 6 month fix and flip loan at 8.65% plus 3 points in and 2 out. It's my first dea...
Hi,I just put a cash offer on a foreclosure that was listed last night. It's a good deal and I'm first in line. However, the seller countered my offer demanding 100% earnest money deposit.Is that normal...?Thanks,Robert
I have a current tenant who would like to buy a rental house he's leasing. I'm thinking of doing a 2 year lease with option to purchase.I'm curious the opinions of the group 1. How much down?2. How much rent credit ...
no/Low documentation commercial multi family loans. While going through the loan process ,is it common practice to not speak directly to the actual lender ? and only have correspondence directly through the broker? ...
I got duped into sending $10K in the form of a wire transfer to a person who was acting like an individual from the title company. This is my first rental property purchase, and I was deceived into thinking I had to w...
I went to a seminar branded by Nick Vertucci. After a couple of days at the seminar, they are offering a continuing 4 day seminar in California priced at $40,000. Is this realistic? Has anyone heard of Nick Vertucc...
Just purchased property- Don't want to cheap on on king and queen mattresses- Advice? I know a mattress can make or break a review.