Derrick Spease Jr
Vacant properties with extensive repairs and mortgage
I came across a vacant property in my neighborhood. It needs full renovation, 80k mortgage, CMA 149k. I’m new to real estate. I’ve been learning for about a year and I’m finally taking action. I originally wanted to w...
Jaworski Crum
How soon can I refinance?
Hello BP,I’m excited to finally get my first deal but I have a few questions. I want to rehab the property, lease option the property , and then refinance cash out. Do I have to wait six months to refinance?Will a ban...
Jason Malabute
VERIFYING LENDER BACKGROUND
Hi All, My agent recommended a lender. My agent works the firm with the most sales in last 12 months in my market and her firm has 5 star reviews. The lender works for major bank. I verified this because I see her na...
Joshua Filkill
Getting Started In Columbus
Hey Everyone,
I'm finally ready to start building my real estate portfolio in Columbus, and I'd love to start getting to know other investors in the area. My goal is to close on two multi-family properties this year,...
Megan Stateler
Cash Out Refinance question
Looking for advice on how much to pull out of a cash out refinance. Acquired duplex using seller financing. Paid out of pocket for rehab. Fully rented with long term tenants. Appraisal came back with the ability to p...
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
Got a townhome in suburb area of Houston for long term rental close to katy mills (<5miles). It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200...
Herm M.
Getting a "cash only" purchase approved by short sale lender, but being denied the usage of hard money???
If I offered "all cash" on a short sale and got it approved... will the short sale lender have an issue with me using hard money as part of my funds? Why would they? I've closed short sales before and haven't had this...
Todd Fry
Small Mobile Home Park Financing
I own a unique mobile home park in South Carolina that's relatively small (5 acres) comprised of 12 lots (I own 8 of the homes while the other 4 are owner-occupied and charged lot rent) along with a house (3 units). ...
Aaron Bard
Lunch Break Post (Seller Finance Deal Problems)
Hello!
So recently I came across an off-market deal in my area. I called the number on the sharpie marker sign and a few days later I met up with the owners and walked the property.
it's a well maintained (on the ou...
John Prucha
Single Family Home with accessory Dwelling Unit Build Out
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $350,000
Cash invested: $70,000
SFH with tons of deferred updates and zoned for an additional dwelling unit ...