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I have been looking into purchasing my first buy and hold property. I looked into a property being sold by fannie mae (through homeopath.com), the property is in pretty good condition all i would need to do really is ...
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When purchasing a property with an FHA loan, How long do you have to owner occupy the property before you are able to sell or refinance?
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A hard money loan is a type of non-bank loan that comes from a private money source. Hard money loans are known for their speed of funding, low hassle loan approvals, and higher interest rates. So why would anyone pay...
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What is the average down payment you need to put down with a seller to get a house under contract in order to wholesale it? Not sure if it matters what area you are in but I'm focusing on NYC particularly Queens and ...
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I have this house under contract with a friend of mine and it needs a new roof before we close - as is its uninsurable and we live in oklahoma. He can't pay for it so we agreed to knock off 10k from the price and I'l...
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Hey BP,Just trying to get more of an understanding of the BRRR strategy. I have a general understanding on how it works but curious on....1. What are the pros and cons2. Should you reach out to a bank first to confirm...
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Any thoughts on a small bank lending at 80% appraised value, 2 points over prime, closing in 4 weeks, $200 flat fee for processing (includes appraisal which is noirmally $350 here)...terms are based on 15yr loan....co...
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Question: if you are looking at doing a wholesale deal with a property that is represented by an agent, Is there any any way around a proof of funds since you are not the final buyer? Or another option?
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Hi! Newbie investor (flips) and newbie real estate agent. Got my license to further our rei activities, and had a buyer client fall into my lap wanting me to be his agent on a 203k rehab, hopefully streamlined. I'm...
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I am buying a 180k home out-of-state. I have 180k in cash and in investments but temporarily will have no income in the state I will be buying the home in. Is it possible to buy a home and get a conventional mortgage ...