Brittany Olofsson
Foreclosure purchase from auction
Hello. If I want to make a bid at a foreclosure auction, how do I come prepared? I know I need to have cashier's checks, but made out to myself? And if I don't win the auction, am I able to deposit those check back in...
Vipul Shah
Promissory note for collateralization
HiI have a note and wanted to use it as collateral for additional financing. What information would be needed and where is the best place to start? Who can facilitate this transaction as well?
Thank you
Vipul
Justin Putt
Cash Out Refi in MI
I am looking to rehab several multi unit residential properties over the next year, and instead of focusing on selling them, I plan on refinancing them, pulling out some of the equity and keeping them as rentals. Thes...
Michael Acuna
Sub 2, Short Sale, and Arrears
Hi Community,I had a question about a property that is a short sale but is in arrears. I'm interested in pitching a sub 2 to the seller and have been hearing that I wouldnt need to pay off the arrears if I was going t...
Brick Biermann
Using Cash Out Funds to Purchase Primary
Hello All,
I recently completed a refi/cash-out on my multi-unit (4 units) property which I also use as my primary residence [been living in one of the units for several yrs]. At one point during the process of the r...
Dolev Zaharony
Bank won't move forward with the HELOC
Hi all,I have 3 rental units and trying to get the 4th. We are looking to do HELOC on our main home and use that for it. My loans are in my personal name, but I recently transferred the deeds to my LLC. Since the loan...
Joseph Sanchez
Bank Foreclosures and Contract Transfers
Hello Everyone. I have been reading alot lately about this subject and I am abit confused maybe someone can give me some advice. If i am the successful high bidder on a bank foreclosure auction, and I provide the init...
Robert Andrade
P&S before Inspection??
Hey Y'allSo we have an accepted offer on our first property. It's a multi in our home town and by all accounts a pretty good deal.As we are unfamiliar with this whole process please indulge my newbie question. Is it ...
Ryan Judkins
How get loan for lower priced properties?
I have two homes in Missouri that I made offers on for $63k and $77k (paying 25% down on each). Then our loan officer said the underwriters rejected them. She explained they are lower priced homes so they have a har...
Brennan Burke
Suggestions/Advice/Direction-Owner Financing
I'm slightly familiar with owner financing but it'll be helpful if an investor who's done owner financing can give me a overview on the subject.
Anything helps.