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I just got off the phone with a Realtor whom I told I have Proof of Funds for a REO property. He asked me was it an FHA loan, and I said "no, it's transactional funding". He didn't know what I was talking about, and...
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Hi All!
I've decided it is time to 1031 exchange/Reverse a property I've owned and rented out for a while. I have good equity in it and would like to get into commercial real estate instead of buying another residen...
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My partner (who is a RE Broker) and I are in negotiation to purchase a 2 bed, 1 bath, 750 sq ft home in Buena Park, CA to flip. This would be my first flip and first purchase in general, and I was hoping to get some f...
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Hi,I'm new to investing and like most things starting out I don't have capital. An old mentor of mine once told me that if you can't make money without money then even if you have money you'll probably go broke. He ...
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A loan made to an individual or a business can be secured by real estate or real property. This is also called real estate lending, or trust deed investing. A trust deed is recorded, putting a lien on the Title to the...
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How do you make sure everything goes smoothly in this part of a flip? Since these bridge lenders usually only lend for 48 hours, how do we line things up?
Let's say that today I have a contract/approval from the shor...
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I bought some good properties from wholesalers, my question is this why do they sell them why dont they make full profit on them? So it might be that their is to much for them to oversee but you can always hire help?...
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Last week, I posted a question about a somewhat complicated legal issue surrounding a DOT that was part of my father's estate that never got recorded, then the debtor/prior owner was able to go back, refi the property...
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Can somebody please respond or point me to a post that will help me learn how to do proper due diligence on a wholesaler before doing a deal with him/her?
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Hello BP community,I am currently pursuing a 8-unit multifamily property. The seller's agent accepted a 2nd offer after the seller signed my LOI.This is what happened.1- I submitted a first LOI, the purchase price was...