If I decide to buy from a country auction, how does that process go? If I win the property, do I need cash up front or is there a holding period to get the financing in place? Would I go through traditional avenues of...
Just curious...what are some of the challenges you have dealt with when using a hard money lender vs a private lender? what are the benefits of each?
Starting out as a new investor, what steps should one take? Find the deal first put the package together or search for investors and then find the deal. I have gotten it from two different sources and I would like t...
Is it better to have a mortgage on a rental or a primary? I am selling my primary residence and moving states which we will get about $275k equity from. We were planning on buying a townhouse in full with the equity ...
Hello, I'm Sunny Vuong. I live in Houston, TX. I wish to be a Real Estate Investor, specifically a wholesaler. I have watched videos with people saying "You can buy and flip a house, and get money by the end of the we...
When you find a property how fast do u act even if u don't have financing for it.
Hello All,
The forum is great looking forward to connecting with everyone. I curently live in Maryland and I am near one of the top foreclosed cities in America. I see that there are alot of opportunities i...
Investment Info:
Townhouse other investment.
Purchase price: $185,000
Cash invested: $5,000
This property is occupied by my in-laws. Rather than paying to send our child to an expensive daycare, we...
There is a couple who filed bankruptcy. They have a home worth ~ 82K. They owe 55K that they used a hardmoney lender for a 5 yr loan @ 11% with a balloon payment. They don't have the resources to pay the balloon when ...
Hey Guys
I'm new here and would love to answer any questions you have regarding getting financing for investment properties.
I'm an underwriter at a bank that specializes in real estate investment properties.
I'm a...