With rates 6.5%-7%, especially for investment properties right now, I just read about assumable mortgages where you simply take over the mortgage of the seller when you buy the property. How does this work? Can anyone...

I have a quick question. On July 11 I received an offer on a SFR property I put up for sale. In the agreement it states that close of escrow shall be within 45 days. It's been well over 45 days at this point and we ar...

Hey everybody, In my area there seem to be condos that will pop up which could possibly make good cash flowing rentals. They tend to run anywhere from $100-150K per condo. My problem is, they tend to get swept up befo...

Good day everyone. Here’s a quick example of a Private Money Partner funding opportunity I underwrote recently.The borrower’s exit strategy is to Wrap the property to a homestead buyer. Below are the figures:
Purchas...

I feel like I have WAY too much equity sitting and doing nothing for me across my 5 LTR properties:
* Rental A: 235k (Market: 440k)
* Rental B: 140k (Market: 210k)
* Rental C: 130k (Market: 200k)
* Rental D: 75k (...

I have a Lease Option tenant/buyer that has 45 days left on their option to purchase. They've made it clear they're not going to get financing, yet they've dodge my requests to release the option. I would like to:1. G...

I was bidding on an fannie mae property against one other buyer in the first couple days it went on the market.  It was still in the owner- occupant time frame.  I do things the right way, and was planning on moving i...

I am in contract to buy a house from the bank [in ocean county NJ] . There is a tenant in the house that has been there since the original landlord put them in [before subsequently forclosing]. As I am getting close t...

Investment Info:

Small multi-family (2-4 units) fix & flip investment.

Purchase price: $60,000

Cash invested: $7,400

Sale price: $160,000

This turned out to work out for us, even though our i...

I’m looking at a single-family residence in Chicago, IL 60633 the property needs $10,000 in cosmetic repairs and the bank is asking for a cash only deal? What does that really mean?