Quick question to any one with experience or lenders out there!Im looking at an opportunity to buy a 3/1 brick home in Denver with seller financing. Its a shorter term though, 500k at 2.5% amortized over 30 years, wi...
... at closing or could the buyer simply bring the various checks from independent PML's?If they don't have to be there in person, how does the assigning of 1st, 2nd lien in case of default take place? Thanks much
We just secured a HELOC on our first property (which is in my wife’s name).Can having both of our names on the HELOC affect our mortgage leapfrogging strategy? We want to make sure we are setting ourselves up for succ...
I am hoping someone can help. I am new to tax sale investing. I am afraid I made a great mistake. I recently bought 2 properties. One is a house, the other is a piece of land that has a condemned trailer on it. (I bou...
Hi All,After crunching the numbers using a mortgage calculator, I'm having difficulty finding a property where I can cash flow from day 1. Let me break it down for you:Boston prices are sky-high so I plan on house hac...
hey guysI am trying to fully understand the risks associated with real estate when the economy and the potential collapse of real estate is concerned. I understand how money can be lost in a deal due to lack of due di...
In reading Bidding to Buy it didn’t quite specify the answer to this question: when buying the first mortgage does that eliminate the second mortgage or HELOC or do I have to factor it into my analysis? Thank you in ...
I'm looking into lending a condo owner about 22k at about 10%. The note would be backed up by his condo, which I haven't been able to see the inside of because it is currently in litigation. The person living in it bo...
I’m in the process of buying a second home and I am going to rent out the first. I’ve had several people recommend I transfer title to an LLC through LegalZoom. I’m in Texas, and the filing fee is $301, so after all o...
Hello BP,I am a novice investor with three duplexes in St. Louis, MO. I acquired my properties by house hacking FHA loans. Now that I am no longer single the option to house hack is no more and I would like to scale m...