I have found a great deal, but that property is in an HOA that only allows O/O. Does this essentially cancel out the possibility of a fix and flip?
Hi BP,I would like to better understand the details of the Second Home Rider for Freddie-backed mortgages. It reads:If we're talking about a house that has 2 floors, but is not officially a duplex, would I be permitte...
If you are a lender, you might have some interest in a California Court of Appeal decision that applied the full credit bid rule to stop a lender that foreclosed from recovering on an insurance policy for the borrower...
Hello,Gathering some more info here before finalizing my investment strategy and curious if anyone knows if it's possible to use something like the FHA 203K loan, but on a traditional loan instead. I've heard from the...
Hello!I wanted to take the opportunity to reach out and introduce myself to some of the other local investors in the central Ohio area! About 2 weeks ago, I closed on my first investment property, a 4 unit in Springfi...
Velocity of money is an economic term that refers to how quickly money changes hands within an economy. It's often used as a key metric of an economy's health. The faster a dollar gets spent, then re-spent, and re-spe...
My wife and I are in the rental market and we were looking to expand our portfolio. Last January I met a flipper and we began to visit about their business. We talked multiple times over the next few months. In March ...
I'm considering making the jump into the notes biz and after reading a few books I noticed some people suggest using your servicing company for all communication with the borrower. The logic is that servicing compani...
Hi. Can anyone recommend a foreclosure attorney? - Some of the questions I have: As a PML, what is the difference if I get collateral in an investment property or a primary residence. I hear that it can be harder to f...
Hello Everyone, I am new to money lending (I have funded one mortgage so far) and I am trying to decide if I should proceed with a first mortgage opportunity.The property was appraised at $150,000 but the appraiser ma...