I am in NC and have a house on the market. A local agent brought a cash offer from a buyer which is very attractive. I have verbally indicated that I will accept the offer provided the buyer produces proof of funds. H...
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I am looking into Loan financing for my first flip. Can anyone tell me the best loan option for flipping? I've heard that banks and certain mortgage companies want you to keep the house for a period of time, a couple ...
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For house hacking on multifamily, can a family member occupy the property as a proxy (children of owner)How do the law ensure owner occupancy?I am new to REI so weighing in various options and thus stupid questions
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If I purchase a property and pay for all the rehab with cash, will a bank will require a 6-12 month seasoning period before they will be willing to offer a conventional loan on that property?Or does the seasoning peri...
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I am preparing bids for properties coming to auction and I would like to be able to send one document to my investor with all the pertinent information on the property. For example the web page of the property record ...
So I have been re-listening to the last episodes of the podcast and have found myself in the analysis paralysis limbo...
I feel my setback has more to do with not knowing what documentation is required to complete a ...
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I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
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Hello Everyone!I am trying to break down different scenarios for a future flip in Chicago and was hoping I can get some feedback from people. I do plan to do this under my own name and not in the name of an LLC(for t...
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Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
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Hey everyone!
Does anyone out there have a solid seller financing contract that they'd be willing to share with me? If you are, please reach out!
Thanks.