Susie Ramsey
Financing for 3 Houses on 1 lot in Florida
I am looking to buy 3 houses on one lot for rental income and my lender is telling me that I can only get a hard money loan for this. She said that the conventional and FHA loans require that the units be attached and...
Cyrus Blackshear
Association foreclosure on condo with a HUD mortgage
There is a condo unit foreclosure that I have been following that has a HUD (Depart of Housing and Urban Development) mortgage attached to it. In reviewing the legal docks leading up to the foreclosure, there were num...
James D.
Is the goal to put investment property in your business entity?
So, I presented a deal that will allow me to purchase an invest property through seller financing with me putting up 5k cash. The seller will finance for 2 years with a ballon payment at the end or I will have to have...
Todd Ebach
System for acquiring foreclosure properties
To all you experts out on Bigger Pockets, I wanted to get your opinion on an acquisition strategy that I have been contemplating. I know this is a little long but I wanted to get every detail. I would like to know ...
Luiz Souza
FHA/Wells Fargo - Hold time & Profit
I've been working on this SS for a while now, a fixer upper in a great & desirable area !! I plan not to do any work, maybe cleaning - that's all. Based on what the bank is telling me I believe I have a pretty goo...
Melchor Domantay
Subject to Financing
Hello BP,I have a few questions about "subject to" financing - If a seller is willing to sell his property but he has an existing loan to it, say its a small amount and the rest is seller financing. Can I just use any...
Austin Moss
Sheriff's deed mean free of liens?
Hi all!
If the county recorders office shows that a sheriff's deed was given to the bank now offering a home for sale on auction. com or other auction site, does that mean I would be purchasing the first lien and tha...
Charles Poindexter
How do I do detective work to find out property information?
I'm looking at a FSBO mobile home which has a For Sale sign in the window but no phone number on the sign. Also I noticed a tag from the Post Office attached to the front door stating there is a certified letter which...
Cory Benhardt
Residential Mixed Use Condo's
Hi BP, I have a tricky one for you. I'm looking at buying a package of 2 condos in an A+ location with tons of value add to increase rents. The issue I'm having is that these are the only two condos in the condo assoc...
Nate Baumann
Residential Loan - Has to be owned by Personal Name?
Thank you ahead of time for your help!I studied carefully and created an LLC before buying our first rentals. We were able to buy out a retiring landlord and bought two 5-plexes and one 4-plex. He owner financed them ...