I'm reading "Get the Deed!" and the suggested strategy on underwater deals is to take it sub2 anyways, then try to negotiate down the loan principal balance and/or payment. Failing that, rent it on a long term lease o...
I'm curious about how the process of using a hard money lender for an auction property. If the property is set to be auctioned on a specific date, and I would have to make the payment on that day, how do I go about ge...
I am ready to start a direct mail campaign and planned to mail to absentee owners with equity. Using listsource I pulled my house, and see the the combined mortgage amounts are the original amount of my loans. One l...
As the title says quite new to the world of real estate. I’ll try to keep it short and too the point. I would like to purchase a home from a family member in the next 6 - 8 weeks. Home hasn’t been appra...
Hi everyone.I own a retail building with a partner under an LLC. Under very conservative valuation at 8% cap rate, I believe the building is worth $1.6M+I was thinking about doing a cash out refinance at $1.1M with a ...
creative investing, think outside the box, foreclosure puzzle, can this deal work, solve problems?I ran into a beautiful lake house in Florida. A broker is selling the house and saying HOA has quick claim deed on the ...
I am in the process of refinancing a rental on to a 30 year fixed loan. The lender advertised this loan to me as a loan to the LLC with my self as a contingent grantor.I got the formal application documents today, ...
What does a balloon mean when talking about loans?
Hey BP! I am looking at hard money as a way to fund my next BRRRR deal. Although I am familiar with conventional and personal loans, hard money is something I do not fully understand yet and would welcome any help in ...
I am looking for an online-only business banking solution that offers:
1. High Transaction Limits: Real estate transactions often involve large sums of money. Investors might require a business banking account with h...