Chris Miller
Cashout Refinance Subject TO
I Bought a house subject to 6 months ago. Closed at a title company I Have the deed I own the house I am looking to pay off the existing mortgage that is not mine. I am looking to do a cash out refinance. Can this sti...
Mitch Messer
Why don't more foreign investors seek owner financing?
I've seen very many posts here on BP from foreign nationals on how different (and often frustrating) the US banking system is, compared to their own. Non US citizens have meager institutional options when seeking to f...
William Coet
New York State Landlords Must Act!
Use the link below to contact the State Senators who are involved with this bill, including your local Senator. This has the potential to destroy small scale owners who also do all of the work themselves! It offers ...
Madisyn C.
Duplex opportunity for 160k, need help analyzing
Hi all, I have an opportunity to buy a 2 unit duplex at 160k with nothing down, owner financed at 7% for 20 years.
Yearly combined rent is 25800 (2150/month)
I will be paying water- about 2400 per year (200/month)
in...
Joshua Springer
Any legal/financial reason to have mortgage under LLC
My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...
Sonia Spangenberg
What are a good set of questions to bring to the table when being offered a multi-unit portfolio opportunity with 100% financing?
We have beginning experience with SF home investing and are currently using cash for smaller deals. I just want to make sure we are asking all the right questions when we evaluate this next level deal. Cap rate is s...
Mike Moreken
Got my first rental tenant
Got my first tenant. He was in a rush to get away from living with a alcoholic brother. He is soon gaining peace of mind.:) broke over a half dozen clauses in my lease currently by moving in. This is low income ar...
Ryan Peep
Why the BRRRR method may get your assets frozen
The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
Louise Whidby
Banks not requiring EMD for Short Sales
I was planning on putting in an offer on a Short Sale property as a wholesaler. I have Buyers very interested. The banks DO NOT require an EMD, yet the Realtor is asking for earnest money. Why is this? I am trying to ...
Nick B.
Foreclosure from a second position
Hello All!
I read an article by Dave Van Horn about a second position foreclosure:
http://www.pprnoteco.com/ezine-116-4-26-14/
In there he says that it may make sense to do so but does not elabora...