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Hello!
I am purchasing an investment property for my elderly parents to retire in. My lender is offering me a “Family Opportunity Mortgage” option- a special borrower eligibility occupancy rule in which Fannie Mae e...
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I'm sure someone here has done this. I have an Idea of how it works. I would like to hear from someone who currently has Owner financing on a property.
This is how I believe it works. I buy a property for 100,000. [E...
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Any recommendations of online companies with these services? If so, why use the one you are recommending?
Thanks!
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Hello everyone. I'm looking for some advise or creative suggestions please. I'm new to this site and have just spent hours reading posts. I've been investing for 6 years and have 9 houses that I have bought as single ...
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Twice today I've seen posts that demonstrate a gross misunderstanding of the 50% rule, so I thought it would behoove me to start yet another thread explaining this concept to my fellow knowledge-seekers.
The misconce...
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Hi Guys sitting here watching my father-in-law trying 2 sell his three family building, in Bklyn,NY trying to explain to my wife that this can be our opportunity to start buying and holding Realestate, but she can’t s...
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This is my first go at borrowing funds from a lenders IRA to buy 2nd NP notes and for some reason the concept of using a note as collateral for a prom note is confusing me. I am sure I am over analyzing this.I am the...
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Massachusetts Real Estate Pro’sQ: If I were to have a cash buyer and a property ready to be matched right now and I am the wholesaler, how to I go about signing the contract? What contract is used? Will the selling re...
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Hello!I own a 3 bedroom rental property in Chicago, which is currently inhabited by one tenant. Once his lease is over in July, I will be moving in. I plan to do some renovations by taking down a couple walls in the u...
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Hi, I'm refinancing my home and have drafted a buy-out with my ex- through a promissory note with a payment plan with interest. His legal documents have come back request to get a mortgagee's title insurance. My lawye...