Jimmy Alexander
DUE ON SALE INSURANCE
So I was listening to BP podcast on my way to work yesterday and heard Pace Morby mention Due on Sale clause insurance. Ive searched the web over the last 2 days and cant find any companies that offer this. Has anyone...
Wesley Wells
First Deal - 98 Unit Apartment Deal
I recently stumbled on a apartment investment property in Memphis, TN and since this will be first deal I want to make sure my numbers are spot on in my initial analysis. Here it go.Asking price - 3,950,000 (Assumable...
Derek Mitchell
Deal Review in ABQ
Hey Guys. I've got a deal I would like some input in. I've got the opportunity to purchase a SFR subject to.
The current loan on the property in about 135k and it is valued at 150k. The payments ...
Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Matthew Martin
Taking the wholesaling plunge
I finally feel like it is time to start taking more action. I bought my first primary residence in December of 2012. Since then I have not been able to stop thinking about the possibilities of REI. I conducted a lot o...
Kim Rock
Wrap around mortgage / Seller Financing
Well, I was all proud of myself that I had gotten a seller to accept seller financing on a property I felt would be a good long term investment..... now I come to find out he has a mortgage on the property, and wants ...
Andrew David
Cash Out Refinancing On a 4-Unit Property
When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...
Alisha Martin
Is there a way to make money structuring a seller finance deal?
Im an MLO and had someone call that wants to buy the home they are renting as a way to keep from moving because the owner is talking about selling. Their credit isn’t that great and they need to move fast. How can I g...
Emily Garcia
Loan for Multifamily 18-unit Property in Oakland, CA
Hi,I'm a college student doing a project for a real-estate class, and I need a professional opinion on the following property, and information about what types of loans/rates I could obtain for this purchase. http://w...
Frank Kucka
VA Lender
Would like to know if any one had or knew a good lending group in the downriver Michigan area that deals with first time VA loans?