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Hi guys,
We are trying to close on a property (in Florida) and 3 days before closing the seller decided to back out because they dont want to provide us with the tenants drivers licenses/assignment of lease, etc... T...
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I reside in Michigan and recently they switched from selling tax liens to tax deeds. I believe this means that we actually buy the deed for the property. Is this correct? How do I find out what the redemption period i...
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I created a new gmail account to handle my internet marketing stuff for lease options, and as my first foray into the game I decided to mail some rentals/FSBO's in my area on Craigslist. What I figured I'd do is first...
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Where do you keep your money while saving 20 or30k for the next downpayment? Imagine it would have to be somewhere semi-liquid. I am thinking mutual funds? Other investments?
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My first time calling a seller wasn’t exactly what I expected, I was nervous and I wasn’t’ sure and 100% informed on certain things. The seller ended up hanging up on me and I was left with no opportunity. And so my q...
PLAN: I need 20% down to get an investment property, right? But, what if I get an FHA loan with 3% down ( lets say it's 3k down ) but, I cant rent it yet, and I have no money to cover the payments ( lets say its 1000/...
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Ok so after a few months of collecting cash payments i've grown weary of chasing down the tenants of my duplex for their monthly payments. To that end i've recently opened a bank account that i was going to use to hav...
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My name is Steven Palmer and I have had a lingering interest in real estate for awhile and now am more willing to act on it more than ever before. Currently I am going through The Best Beginner's Real Estate Investin...
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Hey everybody,Recently had an alleged lender try to scam me while trying to originate a loan. Nothing came up on google or BP when I searched his contact info, so I'll put it here for any future targeted investors. In...
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We’re in the process of doing our first BRRRR deal with a HML. They are funding part of the purchase + rehab. Here are the numbers
Purchase Price: $85,000
LTV: 70%
Down Payment: $25,500 (30% down payment)
Rehab L...