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recently I found a property retail for 37k but needs about 5k in repair, I inquire into this program from the foreclosure agent but was told there are no more 203k loan, there is 203D loan here in the Houston, Te...
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I am a successful mortgage loan officer and I had a very good 2021. I am closing on an investment property in the next week or so. I can either close late December or early January. Is there any benefit for me to c...
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I have two properties that I bought that have month to month tenants in place. Sent the 60 day notice on June 30th notifying of rent increase and the need to sign new 12 month lease agreements before August 31 or vac...
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I understand that IRA loans need to be non-recourse. I talked to a commerical RE lender who does the Freddie Mac Commercial loans and his sample loan doc has the following language:Non-recourse to Borrower and Guarant...
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I am familiar with the tests that involve one's annual income or one's net worth.While researching the topic, I saw the following in Investopedia. In 2016, the U.S. Congress modified the definition of an accredited in...
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I see a lot of posts where people are looking for a wholesaler in a certain area, but are there better ways of connecting the buyers and wholesalers? I was just wondering how investors look for legit wholesalers.
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Hello all!
I have been lurking on the site for about a year or so. I have found some great information here. I currently own my personal house and one investment townhome that is a rental.
I would like to do some ...
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I was reached out by this property owner who is going through foreclosure and see if I can make her a deal to take over the property. The ARV for this property is about $200k. The rehab cost is less than $80k. Current...
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BP members,Looking for some advice. Have one rental that has been successful in the DMV area. Currently live in the midwest (2 1/2 years now), prices for houses are so much different than the east coast. To make a ...
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Hello BP Orlando community!My partner and I are newbies to the real estate investing world and we are just starting to do our research and self education. We have narrowed our interest for a first property to SFR or s...