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If I obtain a hard money loan to buy and rehab a duplex I’m interested in. And want to later refinance it using a conventional lender. Will the lender require a down payment?
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Does anyone have experience with Subject To real estate deals?? Is it legal? What are the cons?
Hagerstown Frederick
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I found a property in a very desireable area of Chicago listed for 475k (2 bed 2 bath, 1550 square feet). The HOA is only $200 (which is rare for this area). It is newly renovated but has room for some minor cosmetic ...
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LP- $155,000PP- $127,000SP-$199,900Comps- $175K-224KREO/Bank says appraised at $185K w/o rehabHolding costs = $22,763Rehab = $25,815Total- $175,578Profit- $24,3221,700 sqft ranch on slab in A neighborhood, no basement...
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I am talking to an owner facing foreclosure in Feb. He wants out, and current reinstatement/payoff is $168,400. House value is around $190,000, but it will need a new roof (approx.$7000). I have enough for 10% down, b...
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I have a small office building in Seven Points, TX. It has been rented for 3 years with a tenant who pays mostly on time. Unfortunately the tenant now says he can't pay at all. Because of the location, and the e...
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How are y'all doing? Our small and wonderful state is woefully underrepresented on this site. Don't get me wrong. I have my keyword alert set to 'Delaware' and I receive emails ten times day about the best location to...
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I purchased a property in September of 2019. When trying to fix the septic system, I was halted by Baltimore County due to bad soil drainage. As I dug deeper into the issue I learned that the previous owners knew of t...
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Hey Guys,I'm fairly new to BP and have been listening to a lot of the podcast episodes and so far I know that most people say to stay away from the D properties. and I get it. They suck, but, I'm ready to jump in and...
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Hi everyone! This is my first post ever, listening to the pod cast for almost a year and reading forums, I was still stuck on pushing forward and taking action. But with the help of the BP community I finally said Let...