I have found a note with a upb of 28,500, zero % interest, with 114 payments of $250 remaining. A note at zero % interest is unenforceable in Texas and the note cannot be purchased as it is. I offered $13,636.35 w...
I am purchasing my first property with Fannie Mae and after we had negotiated the price they stuck the anti-flip clause in the addendum. I am a little annoyed, this house is not a short sale and has been sitting fo...
Hello All,
I'm a newb here so please take it easy on me. I'll give you a little background and get to my point.
First of all, I live in WV, probably the most conservative bank lending state in the country, a good r...
The property is a 3 unit - store front, 1st floor 1 bed bath, and 2nd floor 2 bed 1 bath -- $1500 monthly income. The owner owns free and clear and willing to carry mortgage. I offered full asking price of 12...
My background in Real estate would consist of owning my home and 1 rental property, that I break even on, every month. By "break even" I really mean, that my mortgage for that property is covered by the rent, but a...
Any advice on how to get approved for a loan that will incorporate my mortgage and the renivation in the same loan. Is that a thing, or will I have to come out of pocket with the rehab.
Hello BP, I am a new investor looking to get started in NC pretty soon. For the past year now I have been reading up on different methods of investing in real estate and now I think I'm ready to get started. After car...
Hello,
I am in the process of buying a rental property(1) for $400k with all cash (needed to get the best deal). I’m funding this from HELOC on my primary. I will most likely get $450k in heloc. For the first 6 month...
I have good credit and can obtain a mortgage for the first 80%, for the remaining 20% I'm a bit perplexed. I own a leasehold one bedroom, one den condo that's harder to finance than a typical freehold. Once I finally ...
Here's the catch 22. My house (primary residence) is paid off. I have perfect credit. Regular investment mortgages would be easy to get..... if only I had a down payment, because they only cover 80% most of the ti...