Soooo this is going to be my first property purchase. Im looking for feedback on how I can do this. If I’m doing it wrong please correct me. And thank you in advance. I can buy my dad’s house which owes a little less...
I'm reviewing the title report attached and I'm not sure I'm reading it correctly. Does the portion of the report indicate that the original Deed of Trust was transferred and is still just one deed or that a second D...
Has anyone ever tried to get a VA loan for a property that has 2 small houses on 1 lot being sold as one property?
If bank is primary lender on a mortgage and forecloses and property also has a second line of credit securing the property as second in line, do those secondary obligations attach to the buyer of the property at a for...
Hi all,
This weekend, I took the plunge and sent out a mailer - I focused on tax delinquent property owners of vacant lots in a nearby county, and sent out 80 focused letters with blind offers. I attached a post-it n...
Hello,I came across a 50 lots MHP, listed for $600K, and REO.The owner seemed to have a lot of properties and parks in the area, and had his management team, but according to the broker, "he is having a really hard ti...
"Subject To" is a form of Creative Finance when buying real estate. Instead of borrowing money from the bank, you are borrowing the mortgage of the person who sells you their property. You can see the advantages alrea...
I AM GOING TO LOOK AT A DUPLEX TOMORROW THAT IS LISTED ON THE MLS AS A SHORT SALE. I KNOW VERY LITTLE ABOUT THIS PROCESS BUT IT SEAMS LIKE A GOOD DEAL ON THE OUTSIDE. I AM GOING TO GO AND INSPECT THE PROPERTY TOMORROW...
I need an educated answer (As oppose to an urban legend)...
We all know that after the debacle, Fannie and Freddie went from 10 maximum allowed mortgages down to 4. Then Fannie went back to 10 mortgages allowed. Now I...
Today is a big day for me- my 1st tenant is moving in. Back in April of this year we started down the road of BRRR. Here is a link to the thread: https://www.biggerpockets.com/forums/223/topics/19...So the numbers: ...