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can you wholesale a short sale, property? The owner wants to quit claim it over to me. To make it easy does that help anything?
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For my first deal I had to take title and mortgage in my own name as the bank would not lend to the LLC. However I do keep all the property's income and expenses in and out of an LLC that I formed because someone told...
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I'm considering owner financing on a house I purchased at the trustee sale in Phoenix for 60K
Using a sales price of $100,000 with $20,000 Down and an interest rate of 10%. I should get roughly $12,500 back after cl...
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I'm not sure if anyone of you high rollers have run into this problem, but getting a mortgage on a $60k rental property is brutal! Investment properties usually require AT LEAST 20% down so that makes my loan $48k, a...
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Hi, I am considering putting an offer in on a home in FL that is listed for $120K as a short sale. The property was previously listed for $160K with no bites. In reviewing the tax and owners records no Lis Pendens a...
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Good Morning BP!I've recently decided to make that jump after several months of deliberation, self education, networking, etc. I will be leaving my current job (government analyst) to start a flipping business in the ...
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Tomorrow I am looking at a mobile home in my area, west michigan, and it is incredibly cheap. The seller seems to be pretty motivated and the asking price is <$5k. The pictures show it needs some work but the ...
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Hey guys,What we had originally planned to do was buy-hold-rent mobiles in parks; however it seems near impossible to find parks that allow this. It seems the popular way of avoidance is by technically selling the hom...
I am running into real estate professionals and buyers in Indiana that are telling me that it is now illegal to wholesale homes in Indiana without a license. Are you all encountering any problems? Do you have any know...
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As the post states. I'm looking at ways to put my equity to work and invest in real estate. If you had the same equity, what would be your plan of action? Would a fix and flip be the best way to go or is it better to ...