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Hello! I just moved into a new market and bought 3 low income doors. 1 Single Family flip in a D neighborhood that is just on the other side of an A neighborhood1 Duplex that is 15 years old in a C area that is coming...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
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I have been investing for just over 10 years. I started with a duplex where I lived in one side and rented out the other. I now have 13 properties. I feel like I know what I am doing, but whenever I look at my numb...
Hello BP!!!! I have waiting for this day and it has finally come. I have got my first wholesale deal underway and I have got a house under contract!! I am excited but anxious at the same time as I do not know where to...
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Hello. I have been lookin into pulling the trigger on deals in Detroit that are already occupied. Seems like automatic cash flow. But seems too good to be true. And super risky. Anyone in Detroit with any info?
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We are in the process of renting our first property. We have a law school student starting her first semester that has applied. She has filled out an application and we have checked her credit, background, eviction re...
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I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...
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I currently utilize a self-directed IRA. My IRA monies have been invested in a real estate project. I'm coming out of that investment soon and I now want to use those IRA monies for buying at trustee sales. This "Chec...
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So I have read in many places and discussed with many attorneys about the 30 - 90 day anti - flip requirement for short sale acceptance.
However, has anyone ever bothered to question the banks legality for requiring ...