Craig Carter
I won a HUD bid for a "203k eligible" condo - no FHA loan??!
The condo was advertised by HUD as IN (insured) and as "203k eligible".I won the bid, and now I have trouble finding a reliable lender who would originate an FHA loan.Every mortgage broker I spoke with so far told me ...
Nick Parks
Flipping Profit Split
Hi all,I am going to buy a house to flip and be the one to manage the project. I will line up contractors, get bids, schedule, do small items myself and what not. I have a person who wants to lend the money for a dow...
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Owner financing question
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. [...
TJ Fries
Wholesaling or Flipping?
I wasn't sure where to put this post, since it mentions Wholesaling
and Flipping. But, I'm very very new to the real estate investing
game. I'm only in the research and education phase. But I was
wondering; F...
Joseph Ilg
"Subject to" question
If I were to purchase a property subject to existing financing, I am ultimately taking control of the title and the property while making loan payments that are still in the sellers name. Now, if i was a jerk, I coul...
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Can this be a big problem?
I have a buyer for my house in Florida. She got approved for a USDA loan and they had us do all the inspections. Everything was fine & we had a closing date. They (USDA) said they were backed up to extend the c...
Aaron Rowzee
Joint Venture Flip Questions
Good morning, BP.I've got a first time situation concerning a flip house I have under contract. My plan was originally to use hard money to purchase and flip the home, however, one of the investors in my local group h...
Brad Dwin
5 Reasons You Aren't Closing More Wholesale Deals
(I decided to write this as a blog in Medium (awesome blog site for those interested in every subject on the planet), so I thought I would post it here as well. Part of my resolution to be more active on Bigger Pocket...
Natalie Bull
Should I Be Concerned?
Hi everyone, I am new to the real estate game and have some questions on whether or not I should be worried about how this transaction went down.I was brought on as a lien holder after the property was purchased, and ...
David Handmaker
Crowdfunding - AcquireRealEstate.com
Greetings, I'm new to BP. I'm considering investing in a project with AcquireRealEstate. Has anyone had experience with this group? One specific question I have with this group and others is what prevents a sponsor f...