Holy Smokes!!!! I was about to give a cashiers check of $1,000 as a deposit with an offer to buy a Freddie Mac foreclosure at 49% of ARV. This house is in a great neighborhood with good comps from an agent. I thought...
How quick can a rehab be sold is there like a seasoning period or once its finished and ready to sell in two weeks can i sell?
Great question! QM stands for a qualified mortgage. Qualified mortgages tend to be traditional government-backed loans and conventional loans (basically non-government backed traditional loans).
QM Loans are usually...
Hi, BiggerPockets Community!I purchase buy and hold duplexes in Grand Rapids. We also have a drywall contracting business. We look for properties that we can improve by adding value using our construction trade cont...
I went to put an offer on a Fannie Mae REO, and I had to sign a disclosure that I understand that there will be deed restriction that I cannot sell the property for 90 days for more than 120% of the purchase price! :s...
Greetings Fellow BP Members:I've been hired to run some BOV (broker opinion of value) and have come across a really interesting one which is giving me some trouble. It's a building in Washington State, specifically Ki...
I was able to secure a deal with some cash down and the rest seller financed. Seemed pretty straight forward but the seller is being a little difficult. First, they didn't want me to do a loan because they didn't want...
"The real estate sector now makes up ~40% of the digital securities market, amounting to approximately $200 million, as reported by Canadian-based digital securities company, Atlas One Digital Securities.
A Recent Hi...
I came across this BP forum post from a few years back discussing the merits of cashing out a 401k to invest in real estate. http://www.biggerpockets.com/forums/49/topics/7460... There was some good discussion but the...
I was wondering if anyone can purchase a HUD home or a VA property, or are they earmarked for certain populations?