If I were to secure an agreement to purchase a property from a motivated seller but the seller has liens on their property, is it possible to negotiate reduced settlement amounts on the seller's behalf?Also, would I b...
I paid $70k for a home and rehab is costing me about $68k but ARV is about $188k would this be considered a good deal it’s my first flip but feel the cost of work is a lot. Any advice on how to save on repair cost?
Hello,
I’m still concerned with amount of finance that is possible for me to take out as a first loan. So based on your experiences and knowledge what is the max amount I can take? Im aiming for 650k loan. Could that...
The property needs a little more work, but we have an unexpected family illness that takes financial priority, so we are very potentially looking to sell as is ( AIRDNA shows 149,700 annually if 6 of the 8 bedroom...
Hi everyone, I’m a real estate and I wanted to pick your brain a little bit. As a younger investor with limited capital. I wanted to inquire about what age, amount of capital and mindset do you need to have to buy you...
Hi folks,I'm researching out of state multifamily investing for a buy-and-hold strategy.Is there a general minimum number of years you plan to hold a property before considering selling? Let's assume a market that's n...
6 years ago we got a $150k mortgage on a house. The loan was sold to a mega bank. Things were good until last year when a life threatening medical condition caused us to lose 1/2 our income. We fell behind on our mort...
Hello BP,Looking at auctions and seeing the titles, often I can find out how much the loan was originally financed for and when it matures. I can estimate how much is still left with a few mortgage calculators, but do...
Hello Friends, Finally found a house in CT that me and my girlfriend want to put an offer on. My mortgage broker who was working with is basically gone for 4th of July so I figured I would ask a couple of questions he...
Hi everyone, quick question, I'm putting an offer in on a REO property today and bank is requiring a proof of funds letter. I've provided one to other banks before for other purchases but is it a good idea to only ...