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Location is Texas, a community state. This situation has just come up and we are exploring if there might be some open options to pursue. Supposing you closed on a primary sfh with 5% down conventional loan to wife on...
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I'm planning my first fix & flip and have a question on whether I should use conventional or hard money lending. I hope all the BP'ers can give me a little advice on my first fix and flip!
Basically, I'm in the p...
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Currently have a deal falling apart because of low appraisals and was wondering what other's thought. Have 2 duplexes under contract in Rochester NY for 60k each. They are fully rented and make the 2% rule. But.. I...
I'm researching about real estate investing and I'm confused on what loan to use, am I able to use a conventional loan to fix and flip or keep it as a rental, or do I have to get a non-owner occupied loan? Do I need t...
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I am looking to obtain financing for a fix and flip property in NJ and would appreciate any recommendations. I purchased the property for cash as well as about 75% of the rehab. We have about 2 weeks to go before th...
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I have a client who was in contract on a small investment property in which he found a company that would "broker" the relatively small 50K loan. (80%) There was a number of red flags and horrible communication.... To...
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Good morning BP, I'm sorry to bother with yet another green question but I am a little confused about the order of things as far as having the funds and making the offer. From what I can tell one needs to present the ...
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Hello, Can anyone help? I'm stuck!!! I have just finish a short sale and it is ready to close. But I'm not sure the best way to close on this deal. When I started this deal I thought that I would be assigning my cont...
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Twice a month I have been getting checks from Chase and Discover offering $10k, $12k at 0% interest for 12 months. I usually shred them on the spot but was wondering if I can deposit them in my account in order to sh...
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I am interested in this property that is worth about 250K. I currently have 2 investment properties at the moment. I need about 50k for down-payment. I am able to get a conventional loan once the down payment is cover...