It would seem that if the formula for buying a fix&flip is 70% x ARV - Rehab, then the formula for buying a NPN that you intend to foreclose/fix/flip should be x% x ARV - Rehab, where x% is less than 70%, but w...
Here is the scenario: A. "Subject To" deal on the mortgage B. 30% equity is seller financed (to be paid in 10 years) C. Lender find out and Due-On-Sale Clause is triggered?. Here are the questions1. How can I refinan...
I have been trying to get pre approved for almost 2 years now. I now have a credit score of 800, have enough money to cash buy 3+ homes & because of my job I cannot be financed.
I am a professional poker ...
My house by is worth roughly $385,000 i owe $233,000 on the loan. I bought the house in March, 2015. So if i were to sell the property today then my capital gain would be roughly $152,000. I lived in this house as my ...
A Little BackgroundI bought my first home in Bellingham about 4 years ago for $295k. The current Redfin estimate is at $419k and I owe $266k. So I essentially have about $150k in equity. It is being rented and it is c...
I'm relocating to Las Vegas from LA for various reasons and plan to start my investing in the area. I plan to rent for about 6 months to really get situated and learn more about the different areas to decide where I ...
I need a little help for the forum. Have a relative in Shasta California who has little or no experience in REI and wants to hit it big now that the market has fallen off. I'm seeing the numbers he's looking at and ...
This is would be my 3rd buy and hold property and I'm not sure what to do here:4 Family listed for $750k. The seller expressed she won't take anything less than the asking price and clearly is not in any rush to sell....
OK, here's the situation...
I have a chance to purchase the Tax Deed on a condo unit on the gulf coast of AL. The complex was destroyed by a hurricane in 2004, and torn down.
Looking at the information about th...
I have a rental property question. I have a property that I owe 126k on, it is rented but the renter has basically trashed it. It is a 3 bed 1 bath 1300 sq ft. I am getting $950 monthly but I owe $839, with escrow...