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After couple years of wholesaling deals to developers and investors, I thought I was in a good place as it relates to knowing what to do in the event I decided to take down a deal myself. When I say "myself" I mean hi...
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Most lenders I'm seeing are offering 80% LTV for for multifamily financing. I have a property that will appraise for about 1.8 million and I can buy from bank at 1.3 million. Will the ltv be used or will they apply th...
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Hello! First-time homebuyer here. I recently came across the Fannie mae home style loan, which I understand is a conventional renovation mortgage. I want to know what is the benefit to obtaining a property under this...
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Hello everyone,My husband and I just bought our first rental house in Beloit Wisconsin, and are in the process of finalizing our Tenant Application.I was wondering how to go about disqualifying applicants in a respect...
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I am currently in the Army station in upstate N.Y. and am looking at moving back home to Ohio. Since my time in service is almost up (about 10 months from now) I am trying to get everything lined up now. My philosophy...
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I am sure this post is going to get a lot of pissed off real estate agents responding.... BUT I want to know what type of agreement you would use that would restrict a buyers agent from earning a commission.Exclusive ...
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Hi BP!I've been finding quite a few deals from wholesalers that have are priced between 50-75k. Unfortunately, I do not have currently have enough cash to buy the property outright, so I will need to rely on a hard mo...
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Hi all,
Here is the info on the property:
Purchase Price: $105k (they are asking all cash)
ARV: $130k
Rehab cost: 2k - just landscaping and paint
Rent: $1050
I was hoping to do another BRRRR, but I'll leave...
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BP,I am a seasoned investor with a number of rental properties.I have used many forms of financing to include standard “conventional” financing, to more creative forms like Seller Financing, and Lease-Options.As a res...
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Hi BP!I hope all is going well for everyone. I came across a situation and thought I'd use my favorite source for direction:The owner of the house passed away over 15 years ago and name was on title/mortgage. The su...