I've done a lot of wraps and subtos and highly prefer the seller-finance strategy for a lot of reasons, including offering the opportunity of homeownership to those otherwise rejected by traditional banks. I want to c...
Being completely new to Short Sales, I'm trying to find out if this is really what I perceive to be an opportunity. A Realtor has a listing where the sellers had to move for job reasons, they purchased another house ...
Hi BP! I have 2 deals under my belt and have a plan to obtain a 3rd. I've been sending a lot of documentation to my bank as I go through the process of obtaining a HELOC on one of my properties. I'd like to be better ...
I'm trying to negotiate on an 8 plex. Sellers have rejected previous offers below asking, so I offered asking price with seller to carry a note of 400k. The broker just emailed back and said that the sellers will want...
I am about to make a cash offer for a SFH, my realtor insist that I still have to put at least 10% down ( he wants 20%) I said " why do i have to put anything down when we will be closing in 10 days on an all cash dea...
Hi BiggerPockets community!
We are under contract on our first cash flowing Self-Storage Facility for $500K. However, we just got rejected on our loan application from the lender that currently holds the note on t...
I own a property free and clear and need to do a cash out refi to pay some taxes and put into my STR business. My issue is I got days before closing and the bank backed out. The property has a main house, a pool, and ...
Good afternoon,
I have been buying my first property for the pat 2 months: a triplex. I'm using a 203k loan, which just came back from underwriting--with conditions. I need 3 months of mortgage reserves, which can't ...
About 2 weeks ago, I submitted an Offer to Purchase a Property for a Client/Buyer.The Seller's Agent got back to me and said that there is currently an offer with "No Finance Contingency" and because my Client will be...
#13 is a buy/fix/rent project near 140th & 11th in Grandview south of Main St. 3/1/0 Bought for $35,000 cash deal the rehab estimate is $8500. It will rent for $825-850 and with rehab will hopefully appraise ov...