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Greetings friends, I have an opportunity to purchase a small home in this community for what appears to be a super value, a friend owns it and he says it needs about $5 to $10K in rehab work. It's only a 1 bed 1 bath ...
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I'm about to get my feet wet into investing, and I will be investing a pretty sizable chunk of my savings too. The area is the Indian Orchard part of Springfield in Massachusetts, and this home is a bit above the medi...
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Little back ground about myself. Bought a 2 unit building back in September 2018 with a FHA loan. Put in a bunch of sweat equity. I now have about 100k equity. Is now a good time to invest for a new investor? What’s i...
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We are in the process of flipping our primary home and have found costly repairs that are needed, and we simply cannot come up with the needed funds to pull us through when we list in September. We fully own the prope...
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I'm familiar with the big 3:1. Sell home: ideally avoiding capital gains tax by living there for 2 of the last 5 years2. Cash-out refinance: this is a little painful with current interest rates3. HELOC: good for short...
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I have been interested in heavily damaged properties and have been wondering if the plans for the original homes would be on file at the county office, or some similar place?
Some of the homes I have been looking at,...
My tenants rent was already 5 days late and we agreed to meet last night at 7pm for me to collect. When I got there nobody was home so called/texted them, both their phones are turned off. I wait a while and supposedl...
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A homeowner is in foreclosure, with an auction date Friday Feb 8th. I offered to buy the home sub2 for the reinstatement amount, resell, and split the profit, with most of the profit going to him.I haven't found an es...
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Hello, Has anyone had to make a title insurance claim for an "Incomplete Title"? I recently went to sell my townhouse and a couple days before closing I was informed that I had an incomplete title. I bought a townhous...
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Hi All,I am unable to find a definitive answer through FNMA guidelines and hope someone can shed some light.While going through a mortgage for an investment property, underwriter asked my dad to confirm that the forec...