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Results (24)
Billy Bob Fannie Mae rules on Chapter 7 investment property?
7 December 2013 | 1 reply

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...

Michael Swope Partnership Creative deal structuring
26 February 2020 | 0 replies

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...

Scott Holland Fund Vs Syndication for track record
12 January 2023 | 5 replies

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 ...

Sabrina Brown Difficulty selling rental properties at loan amount
28 February 2019 | 299 replies

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...

Autumn G. Finding and cost of “onsite partner”?
29 September 2022 | 20 replies

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...

Mark Moss Investing out of state. Home Union, Roofstock, others?
18 January 2019 | 23 replies

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 ...

Steve Hodgdon Working out a Distressed Note - to start some discussion
14 September 2016 | 6 replies

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...