Daniel Lehman
Minimum mortgage amount
What is the minimum amount a house can be mortgaged for? I was told 65k but that would mean I can't get a conventional loan for anything less than around 80k or so figuring in for subtracting the down payment. This ca...
Jon DeCamp
Types of Mortgages - What do these mean?
Below is mortgage history data for a property: The property was sold in 2004 and purchased by current owner for $248,000. It looks like there was a mortgage for $173,600. It looks like the owner put down a 30% down pa...
Scott K.
thinking out loud on how to do this
Hello flippers
I am trying to get a good plan on how to do some low cost flipping. I need to have a good plan to show the wife I am dead serious about this.
I am outside of Detroit. In this area you c...
Jeffrey Tucker
$2,750,000 40 Property Package Sale???
Hello Fellow Investors
My curiosity is driving me crazy. We have such a diverse mixture of knowledge and business savvy here. In brief, I have a wholesale deal pending on a 40 property package deal ($2,750,000).
I a...
Lori Lloyd
Protection from the Financing Owners bad decisions/situations
With the market shift on the horizon I expect we will begin to see more sellers show interest in Owner Financing as an option. I've found that nearly all attorneys in my area warn strongly against it (most will not ev...
Megan Brooks
Tenant turnover. How do you know they'll actually leave?
Landlords- how do you handle turning over a unit and ensuring your tenant is actually going to leave at the end of the lease? Currently I have a lease ending 7/15 and want to have the next tenant in on 8/1. I will sta...
Yacine Rimmo
What do you do of leads from your marketing you won't buy?
Hello fellow investors!I am using different ways to find leads for off-market property while looking a rental investment property and they brought me my first deal which I am working on with my agent hoping to close s...
Joe G.
Thoughts!? "Climate change could end mortgages as we know them"
BP!
No matter how you feel on climate change, lenders not providing mortgages in certain areas will impact our industry.
Fires, floods, the next BIG earthquake...
Your thoughts. How true is this...wait...is it ...
Shelby Ek
HUD homes activating utilities for inspection or apprasials
I'm curious to hear other people's experience getting utilities activated for inspections or appraisals on HUD homes while under contract. Any tips or tricks? Your experiences?
Sean L.
First Property - Unresponsive PM
Hey All - Seeking some advice on a situation I've found myself in after purchasing my first investment property.For background, I'm based in NYC and after 1-2 years of sitting on the sidelines I decided that 2020 was ...