In my research on the "Subject to" financing technique, some are referring it to a "Wrap-Around Mortgage". My understanding of "Subject to" is that we would create an agreement that we would be taking over the payment...
Hello! I’m looking at almost 9acres of commercial/industrial (no additional residential allowed to be built) w/ 2 residential units on the land currently. 1 is an old Stone house renovated into a top and bottom duplex...
Good Evening. I'm a newbie in regards to real estate investing. My parents want to give me their house, which has no mortgage. Appraised value of the home per taxes being paid on the home each year right now is $80,00...
Hi guys, it seems like since the "Stress Test" was implemented checking for "borrowing strength" by mortgage advisers depends solely on income/salary regardless of cash in hand. Seeing this I do notice young people in...
A bit about what I'm looking for:I'm closing on a property soon with a cash offer. I have no immediate plans for the money I'm spending on the property, but I'd like to keep cash available so I can jump on any good de...
I've been doing sub to deals for a while but I have never run into this problem quite like this before. The first mortgage lender (Ocwen) is asking for evidence of insurance and my agent supplied it but the borrowers ...
Does anyone have recommendations as to what steps I should consider? I am organising to acquire about 28000 USD but as I cant get a mortgage, should I buy a house for that price?
Hey everyone. Is it possible for someone with a VA loan to purchase another home with an FHA loan or a conventional loan?I am looking at proposing a subject-to deal on their home but am curious if they will be left wi...
Hello, I am a beginner at BiggerPockets. I have been studying for the past six months by reading books and listening to podcasts, and exploring the site's flow and insights.
I am very impressed by the outstanding an...
I have a seller that needs to keep his home from going into foreclosure. It's to be auctioned off tomorrow.It's a 3 bed/2 bath 1340 sq ft ranch style home.He says the he currently owes about 29k to the mortgage compan...