I read in a book about someone buying a 4 plex from a bank and rehabbing it and then getting it re appraised and refinancing to turn a small profit. It seems like a good idea. I would have to do things a little d...
Hello everyone!
I am new to real estate investing and recently put out a bunch of bandit signs in Illinois. I got a bunch of leads very fast and now I have a situation and need help from someone with more experience....
I know these are harder to get nowadays and the few lenders I've spoken to are all talking 20%+ down even with good credit. Or ridiculous rates like 10%+
Is anyone doing better on these? (and Im talking long term hold...
Here's the backstory. The homeowner died without leaving a will, so the house is still in his name, as is the loan. Before he died, he appointed his son conservator of his affairs and the guy tried for three years t...
So, an elderly neighbor died in February. I want to buy the property. She was on a reverse mortgage that has switched hands several times. I tried calling the county to see who holds the loan with no luck. I talked to...
Hello... please help. Closing is next week and buyers have requested an extension. Sellers refused to extend for a number of reasons. Buyers are now stating they will pay all cash at closing since their lender can’t p...
With all the info coming out about Oceanpointe I thought id give my recent dealings. I purchased a property through Morris Invest about a year and a half ago. I may have gotten lucky because everything went smooth at ...
I have two properties, one SFR and one duplex, that I'm interested in selling. I would be open to rent-to-own, lease option, seller financing, etc. - all of those "creative options" if they help me get to my target se...
The stock market was absolutely giddy after the release of the Obama administration’s plan for toxic assets. However, not everyone is drinking the Kool Aid. Paul Krugman, the Nobel Prize winning NY Times columnist...
We're looking at PM software; one of the vendors suggested setting up a single "master" bank account into which all our tenants (regardless of which of my 10 LLC their property belongs to) pay their monthly rent. I w...