I am researching a property that will be sold at a county foreclosure auction in Florida. Upon review of a title search I realized it is the second mortgage holder that initiated the foreclosure process. My understand...
I am hoping to start a relationship with a mortgage professional and not sure whether its best to just work direct with a loan officer at my local bank or to go through a mortgage broker. What have been some of your e...
Hi! I am new here, but I'm in Property Management and have ventured into investing myself, and am looking for advice on how to best grow my passive income so I can stay home with my 6 month old baby for as long as pos...
My wife and I used cash to buy our first property. We have completed the rehab and have the property leased for 3 years at 1,100/month. House is worth $100,000 and we have $49,000 invested. I have called 7 to 8 banks ...
Hey BP!I somewhat understand the whole rent-to-own thing but am not 100% positive. Can someone please explain the process, how it works for the investor and tenant, the pros and cons for both the tenant and investor. ...
Hey BP community,
I am new to BP and to the RE world, however, I really want to make my first move but I need your help.
I just graduated from college, I've only been working for a year. I have about 40k in savings ...
First time investor...Came across a good opportunity to invest in a 4plex (with established tenants but inspection can only be done during the DD period).I am feeling uneasy as I have always envisioned starting with a...
Hey there,I was wondering if REIs apply to lenders directly or use mortgage brokers? through what I have heard here and there, investors have been applying themselves. Could you list pros and cons of each? I'd think o...
Hello,I have a bunch of questions as a new investor into real estate, especially through Home Union. I suppose listing them out would be easiest:1.) When I invest, do I actual own solely the property?2.). Home Uni...
Hi,
I have found what I think may be a great deal and the homeowner wants cash asap. I haven't mortgaged anything in over 30 years but remember it taking awhile. How does the hard money lending work? i know its a h...