Chris Shaw
Next Step for investing
Hello BP!So I’m in the process of selling my primary home as we speak. I should net a decent amount for the house. The plan is to buy another SFH with FHA (we can do conventional) With the other cash from the sell we ...
Carol Lam
Foreclosure property - distribution of proceeds
Hi,I found a foreclosure property that I am interested in. Bank is foreclosing on the 1st loan. If I won the bid, does it mean I won't be responsible for 2nd loans? How about if there is an abstract judgment on the...
Michael Gallagher
Applicant requesting to pay year in advance, from out of country
Hi, I have a request from an applicant who is new to the US to pay 1 year in advance (plus security deposit) due to no credit/pay history since moving here. The applicants cousin (lives local and is local realtor) ha...
John Cannon
Looking for information about changing SFH into Duplex
Hi All - Long time listener, first time caller.
My wife and I are looking to move to Austin, TX in the coming months and purchase a home. We are looking at multi-families as we want to house hack and try our hand at...
Chris Seveney
Closing on off market deal
I am looking at acquiring an off market deal in the DC / Virginia / Maryland area. My question is how does the transaction work? I have been told they will provide clear title. But what are the steps in the transacti...
Justin Goodin
How many deals are you looking at?
Those who are active investors,-How many deals are you underwriting each week?-Are you making offers primarily more on off or on market deals?
Ryan Schwartz
Fixing FICO Score advice
Hi All,So I've always had a pretty solid credit score and thus never had to develop a skill set to improve my fico score other than paying things off and making regular payments. My wife, however, is a different stor...
David Weeks
HELOC as a starting point to the BRRR Strategy for a first time home investor?
Hello All,I hope this post finds everyone well and ready for this upcoming Fall! I'm just getting started on my investing journey and I was discussing this HELOC as an option to getting started. What are the pros and ...
Alex Beaver
Closing problems with Hubzu Altisource Premium Title
A Hubzu house was going to be my first leap real estate investing. I signed into a purchase with Hubzu November 11, 2014. Cash offer in Indianapolis and my agent advised to use a local title company. Everything went s...
Chad B.
HELOC as 6 Month Reserve
Hello All,I was looking through the forums and did not see any post matching the information for which I am searching--I apologize if this topic has already been covered and I just overlooked it. And thank you in adva...