OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
Hello, I live in the Dallas area and currently have the option to take out $150,000 - $374000 on our home in a type of HELOC at a fixed rate of 8.03% on an 18-year term. Would it be wise to take out the min or the max...
Hello, I am from Massachusetts and don't think it is wise to invest locally for the first investment property. We own the house we live in and it is worth more than 1M. We do not wish to move anytime soon (at least f...
Hello everyone, I am still learning here, and recently found a potential seller financing single family home opportunity here in Kalama Valley on Oahu. Can anyone help me to analyze this seller financing deal, please?...
I have tenant that signed a lease in September for $1125/month. She has paid in full every month, but a couple things. I have the water and sewer in my name because they are lienable. She never put the electric in her...
Good morning. Right now my real estate priority is finding wholesale and rehab deals but I motivated seller responded to my marketing and to me, in my limited REI experience, the only exit strategies for this deal wo...
Hello Bigger Pockets,
I have a potential subject to wholesale deal with a homeowner who currently has a mortgage of $79k on her property. Properties in the area are not selling for no where near $79k so I was going t...
May 2023REAL ESTATE NEWSBrought to you by Brian Nostrant.Five Ways to Build Home EquityWhether you currently own a home or are thinking of purchasing one, you may be looking for ways to build equity. Home equity is th...
I have a subscription to realtytrac.com. For a particular property I'm interested in, which is scheduled to be auctioned in Sept., I can see that the "Balance Due" is $157K, but the "Opening Bid" is $110k. Why would t...
Some background...For the past 4 years, our investing experience has been exclusively purchasing & flipping homes, mostly off the MLS, most have been foreclosures, working on our 10th one now. Our goal has been t...