I hope this isn’t to confusing. I made a mistake and put a bid and won a foreclosure and it was on the junior loan. My mistake my huge mistake. I went considerably above the starting bid and then found out the senior ...
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I got a phone call today telling me that there is a lien on a house that I never own. my mom sign along with me but she is dead now, what I should do. The house is transfer to another person and they did no have probl...
I am about to close on my first rental property. I am planning to create an S corp from the advice of a CPA. My question is, I've been searching for 5 tradelines for my new corp to get Paydex credit. However, I think ...
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Looking to buy my first home, in a trendy area in LA (Toluca Lake). The Condo is a great updated turn-key unit that I can live and later turn into a rental property. The issue is the HOA management recently changed ha...
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I am trying to get around the 10 mortgage limitation that most banks have these days. My partner and I are buying distressed multifamily (2 - 4 units) with hard money, rehabbing the properties, putting good tenants in...
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I'm under contract to buy a condo in Florida at 25% down. Closing on 6/30, in 3 days.Lender called and told me I must put down 30%. Apparently the condo complex is more than 50% investor-owned, and Fannie will requi...
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I'm a first time home buyer, applying for a FHA loan. I'm searching in the Western Massachusetts area I want to quick give you an introduction to my circumstances. I work as a traveling occupational therapist, mean...
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I obviously like preforeclosures with 2 loans, to be able to short the second one and create more equity, but havent found a solid method to find homes that have 2 loans. Right now I am just relying on luck from peop...
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ContextFirst time investing with a PDX flipper (great at what he does) and happens to be a good friend. He is raising private capital and the deal seems bulletproof, but would love feedback to better understand if I'm...
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Get asked about this a lot so figured I'd share. Every HML will work somewhat differently but I will let you know the standard flow:
1) Get pre-approved with an HML - This should be free. DO NOT PAY AN APPLICATION ...