Jay Miller
Finding a Contractor with FHA Appraisal Experience
Hi All,I am looking to make my first real estate purchase - a two flat with a non-conforming attic - which I anticipate to be financed by a 203k FHA loan. Ideally, I will re-zone the non-conforming unit so I can live ...
Mark Weinberg
Refinancing a Hard Money Loan
I would like to know about refinancing a Hard Money Loan on a buy and hold property. My questions are:1. If I put a down payment on the hard money loan, do I have to have a down payment for a refinancing?2. Can I ...
Najeh Davenport
Hard Money Loans for Acquisitions
I understand the concept of hard money loans, but I'm currently navigating the process of applying for one myself. The lender plans to finance 80% of the purchase price and 100% of the renovations for my property, whi...
Mia Gregory
Missouri Tax Lien Certificates
I live in Missouri, and am looking to dabble in real estate. In Missouri, they sell tax lien certificates. So, when you buy the tax lien, you do not own the property. There is a 1 year redemption period where the o...
Mike Miller
When does a Trustee Sale Become a Foreclosure?
When a person defaults on their payments, after a certain period of time if you don't pay it off, the bank just forecloses on you right? But then some people have trustee sales instead? How does that work, the bank gi...
Gary Striewski
Buying a multi-family with long-term existing tenants in-lease
Hi BP. This is my first post, looking forward to hearing the thoughts of those who are more skilled than me. I know this question has been asked a million times with a million different scenarios. I’m thinking of purc...
Alecia Wright
Want to buy on auction.com
Hey guys,I saw a house on auction.com. I want to bid on it so I call my real estate broker to help me but she said the seller doesn't pay a Co-op so she cant help me. I'm going to have to do this on my own. I going to...
Raymond Yan
Tenant paying late, making excuses and ignoring property management company
I recently purchased a property in the Warrendale neighborhood of Detroit, Michigan about a year ago. The property currently has a tenant who is paying below market rent at $850 per month. While the tenant had a good ...
Deane Jaeger
How to lose money in tax liens
Purchasing OTC tax liens can be fun but here are two examples of how to lose money when a purchased tax lien is redeemed.
Mohave and Maricopa Counties in Az both charge administrative fees that must be paid by the pur...
Jolisa Brown
FHA 203k Loan Approach
Hi Family! I need to figure out the best approach for a FHA 203k loan since I am purchasing my first fixer upper. Does anyone here have suggestions of companies/banks to do this through or even have a referral or conn...