As the title says, I'm SO confused. I'll get right to the point: I'm not sure how much I need to reinvest to do a 1031 and how much of a purchase price I need to purchase at. Everything I read says I have to purchase ...
I'm working on a situation where I physically cannot wholesale this deal at a profit, so I'm actively searching for other avenues...APV: $125,000Outstanding Mortgage: $100,000 (was a $200,000 loan)Is there a way I can...
My husband and I currently live in NYC and are relocating to Los Angeles and we need real estate/ general financial planning advice. One of our financial goals is to invest in real estate that will provide good cash ...
Can someone explain to me, as a wholesaler why we ask if the mortgage is current or not. Im not seeing the importance of this question. Sorry if this is a no brainer question:/
Hi Guys,
I am confused as to what is actually going on here. So I just started as a wholesaler in SoCal. I am targeting by calling out on people who are about to lose their homes. They've either received an NOD ...
We were quoted 4.75 apr for a 15 year mortgage. The lender said rates have been going up. This is confusing because the fed has been lowering rates. -4.75 is well above the average 3.02 posted on other sites that ag...
Hi All,I’ve been reading a lot about the BRRRR strategy but am still confused about one thing. Assuming you are taking these loans out in your personal name, won’t the banks stop lending to you after the first few pro...
Hi Everyone,
So here's my situation. I'm a Realtor in PA and my best friend is a licensed contractor. Our fathers are willing to give us a loan for a flip project and will be repaid after closing.
We're looking ...
There is something that I am confused about , and that is the following ...... " The New Loan amount must NOT be more than the borrower's initial investment in purchasing the home + you can finance the Closing Costs ...
Ok so here it is... My mom has a house. It’s in her name I stay there majority of the time. I wanted to use the BRRR strategy. So can we refinance the home to my name and then use the cash out to finance a new propert...