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I've been searching online and it looks like if you had a Chapter 7 BK Fannie has a rule that you cannot get a loan on an investment property for 7 years! Is that correct? If so, what are my options, a local bank t...
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Bought a 3 bed 2 baths 1400 sq home in Enterprise AL for 97k and ARV should be roughly in the 130-140 range. I will be looking to sell within a month or two but slightly open to renting (1,100 monthly, the mortgage is...
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I'm looking at my first deal, and it seems like this is their first fund, when normally they do syndications. If a company is good at value-add MF syndications, does it make sense that they would be good at a Fund to ...
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I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
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Hello!
I’m under contract on a lake cabin, about 1000 miles away, close to where I grew up.
It’s somewhat rural, but an hour away from a major area of tourism. The numbers based on one spreadsheet I found have me m...
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Hey all,
I’m looking to get involved in REI and gain my FI slowly and methodically. Out of state markets are showing much better numbers than local areas. Curious what experiences (good, bad, indifferent) from those ...
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...