I’m a buy and hold investor typically but have been flipping some lately in order to make cash to speed along buying more rentals. I’m also a realtor so I’m very comfortable with my comps on this area. I’ve decided to...
Hi BP,I've been given an opportunity to buy multiple rounds of single family performing notes in Texas (1st & 2nd positions). Most are around the $100k-$125k range (9-10% yield). Unfortunately I am out of cash to ...
Due to passing of family member, I own a Bungalow in the Auburn Gresham District of Chicago. The house needs a lot of work. It still has a steam boiler, heating radiators, no upgrades to kitchen and bathrooms. Hard...
Hi all, I'm not sure if this is the right place to ask questions about setting up a Trust. I'm looking to form a revocable trust to have all my assets in it, I understand that it does not protect me as an irrevocable ...
Hello,I'm having to pay extra and go through a surplus line for property coverage right now because I had a claim in June 2015 due to a fire and now the building is still vacant (renovations I hope will begin in a cou...
Need clarification on cash flow during refinance phase: Purchase 200k; initial down 40k; rehab cost 20k ; suppose ARV 250k; rent from unit $1400; so if I refinance then the amount I would want to take out would be the...
I'm currently in the process of house hacking my first investment property. I'm trying to use FHA to put down the least amount possible.
My appraisal came back and everything was good except for the Self Sufficiency ...
My husband and I took our first big step in November in purchasing our first real estate investment property. The house we purchased had already been rehabbed and was ready to go. We bought it for 37K and conservative...
Jury convicts in mortgage fraud
By MIKE TIERNEY
The Atlanta Journal-Constitution
Published on: 03/15/07
Guilty, 166 times. With each verdict announced Wednesday in the mortgage fraud trial of Phillip Hill, the rea...
Having trouble making a decision. I have always wanted to convert an old building (i.e. warehouse, school, church, etc.) into a home. I have located a building that meets my needs but it is larger (over 8,000 sq ft)...