Richard Mercurio
New Investor needs Refinance guidance
I bought my first college rental last May, its been rented ever since, had to pay all cash, no bank would lend to me, all said my debt to income ratio was too high, so I made the LLC, and bought house in name of LLC, ...
Jeff Peacock
Money not being an option
Let’s say that money wasn’t an option for everyone investing in the real estate market. Would the majority of people bypass the SFI market and invest mainly in the multiple family units or passive investing since the ...
Ray Vidos
How do you start?
Buying foreclosures when the price the bank wants to sell for is completely unreasonable. How do you negotiate with the mortgage holder?
Account Closed
Becoming an agent
Hi folks, My wife is tossing around the idea of becoming an agent. She really needs to take the classes online (not due to time constraints or an inflexible schedule) but Delaware is a state that apparently doesn't ...
Dillon Ransome
Pre-foreclosure listing/Wholesale Deal
I'm trying to do a cold call with a recent property listed but don't have the current owners info. Do I go to the county's records office to find out?
John Matthews
Underwater Solution Help
Hey BP,A friend of mine is a bit underwater on their home in Phoenixville, PA. They bought it in 2009 for $173k and it's worth about $150k with about $150-155k left on the loan. They need to move in another year or so...
Patryk Prokopiuk
Seller refusing to negotiate reasonable terms
I am buying a duplex, the seller (or should i say their agent that they communicate through) has been very aggressive, requesting “best and highest” offers from everyone at first. I won’t go into details but we are in...
Maria Silva
Conventional vs FHA - DC multi
What are the pros/cons to a 5% Conventional loan vs 3.5% FHA loan on 4-unit complex in DC? Also, just to note, it's a bit of a rehab property - probably 30k in renovations - but don't wish to do a 203k loan.Any helpfu...
Brandy Jackson
32 days later, $100 holding fee, still no decision on apartment
At the time of applying, I had all my paperwork and verifications etc. I had whatever deposit required at the time of application. The management seems unorganized as I had to return 3 following days to sign "forgotte...
Matthew Dovner
Am I being greedy on my wholesale fee?
Heres the deal. I got a 3 family that already has condo docs in place. All 3 units are immaculate! All the buyer has to do is close and relist right away. No rehab! The multi is going for 649,000.00 to him. He will...