Alissa Engel
Buying a Second Owner-Occupied Home Within 6 Months??
First time posting, so I hope this is the right place!Does anyone know how long the wait period is between purchasing owner-occupied properties? My husband and I bought a owner-occupied duplex sight-unseen in October....
Moises Silva
Financing a rehab and flip
Hello,
My name is Moises. Recently in this year I sold my first home and relocated to Houston in which I purchased another primary residence. I been researching and doing homework on potentially taking on a rehab pr...
Kelley Smith
Deal Structure on Spec Homes
I am working with a building friend of mine on building two spec homes on two lots in a highly desirable area. I have a quick question on the deal structure. I am going to purchase the land and my banker is going to l...
Carlo Torres
HELOC
hey guys just wanted to know if this was a good idea. I own a home with equity and am able to get a HELOC for 150k first year fixed rate. I Have a multi family house I been looking at for 109k. Would it be a good idea...
Account Closed
90 day resale period for MLS porperties
Does anyone know in NJ, that if a property is brought from the MLS, that it can not be resold for 90 days. I heard that is called a seasoning period, but is that still active or did it end? I am working on a wholesale...
Rob Rose
Courthouse steps advice needed
I just purchased a property through a courthouse steps auction (online though, not actually at the courthouse steps). I was wondering if anyone has any relevant tips or advice as I move through this process. Why shoul...
Eugene Cheng
1031 Identification process & strategy
I am planning to sell my SFH rental to exchange for MFH. However I have not yet settled on the exact type and location of the replacement properties. I have been looking from 3-4plx in over CA bay-area and Sacramentor...
Reggie Nworie
10 Reasons Why Cash Buyers Should Consider Private Lending
Introduction
One of the keys to success in real estate investing is the ability to scale your business efficiently. While using your own cash might seem like a secure approach, alternative financing options like priv...
Kevin O'Brien
Refinancing a cash purchase
Hi all,I’m looking to BRRRR a property in central IL using a heloc to purchase for “cash”. When the work is done, is there still a seasoning period before I can finance the property to pull my cash out?
Jereme Chervenak
Does hard/private money make sense for fix and flip?
Benefits of a hard money loan:Why would
anyone opt for a hard money loan from a hard money lender instead of
getting a mortgage through a traditional loan from a bank? Because hard
money loans are less of a hass...