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I’ve searched this topic but couldn’t find the answer I’m looking for. I have a friend in college who is looking to buy a home to live in while attending school but doesn’t have the down payment or income requirements...
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Hi there!I am proceeding with a wholesale closing and have run into an issue. This is a non-traditional transaction as my buyer assigned is out of the country. The seller is aware of this and both parties have been ac...
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Hello, I have the ability to utilize several credit cards that offer 0% interest for up to 21 months to purchase a SFU to rehab and flip. Good idea?...versus borrowing against my 401k, hard money or savings?
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I have two single-family investment properties that were purchased in the name of my LLC. One was purchased in cash and the other was purchased with a mortgage through a local credit union @ 6.75% for 15 years.
Given...
Hello,I am in a confusing situation being this my first time ever. I am in a contract with bank owned property, which I am trying to wholesale right now. I am not sure if I need double or triple closing. Here is my sc...
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Whether you close one deal per month or one deal per year, if you don’t protect it, your business could be in jeopardy. One bad deal can be financially devastating. Putting safeguards in place to protect your investme...
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Hi all,
Second home Loan
Around 45% downpayment (to meet 50% DTI)6% apr1800/month mortgage (principle and interest)
Investment Loan
only 20% down7% apr2900/month mortgage (principle and interest)
Notes:
I can ...
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Hello all, I am reading on the real estate investing process and i plan to buy my first property with an FHA loan, however, as i am no one with any experience on rehabbing i have this concern of pricing. So when i fin...
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Has a licensed agent, have you brokered wholesale deals whether it be buying side, selling side, or both? I know it can be a little dicey with the commission being involved in wholesale deals as a licensed agent.Want ...
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I have a rental lease for 1 year which is up 11/30/17. The tenants are fighting over various things and they plan on not to renewing the lease. One tenant says the entire deposit of $750 is his and wants me to retu...