situation...you purchase a bank owned home using a hard $ lender. Fix up the property. Before you sell, refinance and take out a home equity line of credit. Pay yourself through the HELOC to avoid taxes. Is this p...
Hello Bigger Pockets, My Grandmother house is going into foreclosure because she is 88 years old and can no longer manage this property. she refinanced in 2006 for 100k and now owes 80k for the property in which she ...
I'm looking for help structuring this possible sub2 deal:
$154k mortgage
$11k mechanics lien via bankrutpcy
$8k rehab
$4k back taxes/get mortgage current/moving money for owner
$220k arv
My plan is to buy sub2, reha...
Hello,I am currently in the process of putting an offer in on a SFR in Celina, TX. Are there any banks out there I can get a portfolio loan on to negotiate a better rate than going through a bank using Fanny / Freddy?
Hi All,
Has anyone heard of the "Home Possible Loan" from Freddie Mac? What are some Pros and Cons of using this method as this is the first time I'm hearing about it. I've never heard of it mentioned on the BP Podc...
I want to know what is the possibility of having approve for an investment property with a high DTI ratio of 98% and if there is any investment company that anyone can point me to. Want to begin my real estate invest...
Found a FSBO SFR that the owner is selling 100k, or so, below market value. He sent me the appraisal from 6 months ago for $370k and CMA's are around $350k. He is asking $270k with the agreement that he can continue t...
Hello all, I am trying to avoid refinancing a rental property because my interest rate on it is 3.2%. I just discovered a business loan through fund&grow that offers a zero percent interest rate for 12-16 months. ...
Hi, I am a newbie investor and have a question: I have a house which owned by a friend it is worth 100k. I showed it to someone who wants to buy it. I already have the house under contract to buy for 95. What is the b...
I saw this in a local classified's ad. Seems pretty promising. I couldn't imagine people are just going to go there if they're not interested in some sort of real estate, right? Anyone else been to a workshop like ...