I am already working with a mortgage broker and have run into this issue:I own a SFR outright, but the last tenants did a number on it. I wanted to roll repairs into a note and borrow against the property. Appraisal...
As I'm looking for deals as a new investor, a lot of houses that at least superficially meet my criteria are being offered at public auction. I have not done a deal yet, and am somewhat intimidated to try and get my f...
Awesome BP'ers...I just began my career as a REI in July, closing on a SFR in the Rochester, NY market. I took an action step... which is better than most can say, and now I have an issue. I'm addicted. I've listened ...
Hello community. I am a circus acrobat seeking a realistic path to retirement through real estate because who wants to wear spandex to work forever? Not me. Does it surprise you that a career in circus is not all t...
Hi BP community! I closed my first investment property, an off market private sale on the house next door, and have about 200k in equity. My local bank lender tells me that I can't tap into the equity for 12 months...
For those of you guys that have done direct mail for quite sometime are there any calls that you simply don't return? The old lady telling you she will sell for 75k on a house that is worth 34k.The person whose vocabu...
I'm serving overseas, which is making it hard to start investing so, I'm looking for REIT agents/broker/coach that I can talk to help me get started on the right path. I would like to see if I can put the money that I...
Hello everyone!Can someone explain the difference between rent to own and seller financing? On the surface it sounds like the same thing... I believe the difference is with a rent to own the renter gets financing from...
I have an offer on the table for a private money loan of $310k to finance the purchase of two properties. The lender wants half of the fees up front ($6k) as a wire transfer. Is that normal? I've never done private mo...