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Extremely newbie question, but I'd love clarification.I was speaking to a lead today who's bank statement said they had a remaining mortgage balance of around $500,000. The statement also highlighted that they had $60...
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I'm a new investor, I have done my due diligence and research for over a year now on real estate investing. It's time to gain some experience, and I've been looking at properties everyday and night for over 6 months. ...
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We hold a promissory note that has come due, and have received a payoff demand letter from an escrow co. that is not local.Escrow is asking for:the Note, the Trust Deed, Order to Reconvey signed by usPolicy of Title I...
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Im interested in this question for myself, and I'll give some details on my situation below, but I'm interested to hear what some of the experienced folks had for their experiences. I'm sure the range will vary.
How...
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I want to sell a sfh on a wrap to another investor. It has a $70,000 mortgage at 4.25 %. I can sell it for $150,000 if I don'tfinance it so I believe I can bump it to $155,000 or $160,000 if I sell it on a wrap. I'...
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I have a contract right now used to wholesale and its puts all closing cost on the seller.. Is this fair? Usually most serious investors are dealing with cash so there isn't as many closing fees compared to a lending...
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We are working with a seller in foreclosure. There is quite a bit of equity in the home and it only needs minimal upgrades and repairs. The foreclosure sale date is fast approaching...only a few days left. The s...
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So after doing a lot research and asking a lot of questions I understand now that wholesaling is the best way to get to the real estate investing now my question is what are some of the best way to get leads I have li...
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After over a year long hiatus, I back at it. My excuse, surprised and blessed with twins.New investors look away; experienced investors have a strong drink for me. I'm looking into buying a second sub $30k condo. I...