Is it possible to do this?
Example- Buy a house for $40k. Cost 10k to fix it up, then house appraises for $90k. If you put down 20% on the original loan, then you have a loan amount for $30k on a house worth $90k. Ca...
Okay I need help trying to find a private lender .I found at 2 unit house I offered the owner $65,000 for it .the house is in decent condition . So no repairs is necessary. This house appraised for somewhere around...
I would love to know how HELOC works, the money I borrow would go to a new loan or add to the existing mortgage? Would the interest on my mortgage go up?
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $155,000
Cash invested: $50,000
I purchased my first house on 40 acres in Calhan as a preforeclosure sale. The hous...
Can someone explain the cash out refi to me, I understand the concept but how does it benefit an investor if the loan starts over.
Hello BP Colleagues! I'm looking to refinance an investment property and am wondering what sort of rates are being offered currently for investment homes. Also, if you have any lender recommendations with low fees, I ...
How to get a price reduction on a property already under contract?I made an offer pre coronavirus and house appraised At what I would be paying
Hi,
I was hoping to get thoughts and experiences on making a profit (if there is room) when there is not a large enough spread to close an A to B and B to C. If the spread is not there, there is no reason to kill th...
Investment Info:
Single-family residence other investment.
Purchase price: $65,000
Cash invested: $217,000
Sale price: $365,000
House appraised at $365,000 at time of completion. This was 100% n...
Hey All, I'm looking at a fix and flip deal and would like to know what you guys think?Buying at 400kRenovation at 80kSelling at 555k.We've looked at closing cost expenses, interests rates, mortgage for the rehabbing ...