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I'm pretty new to REI and have never done a flip. I just looked at an REO today and there was mold in every room, on nearly every wall and most other surfaces. There was moisture damage to many walls and some ceil...
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Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
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Hi Everyone,
I have a seller with a VA loan who is willing to sell the property to me on a subject to basis. She's not concerned with taking out another loan so, the entitlement limits are not a concern. My difficult...
Working with a possible owner finance deal. I'm unsure how to best position the offer given the below scenario. Market rent is between $1800-2200 and home needs light cosmetic upgrades only. Seller is motivated to wal...
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I'm looking to purchase and owner occupy in a particular neighborhood, and wanted to assume a mortgage at a lower rate. What is the best site/resource that show which homes FHA or VA loans in a very small, specific ar...
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I'm new here, have zero deals... well I kinda have had two but not under the aspect of wanting to do this for income. I got divorced in 2014 gave my ex the house but if she sold it I got half the profit, if she kept ...
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Anyone know about current loan assumptions if they even allow them anymore. This would be for a VA Loan obtained in 2007. What are the closing costs associated with assuming a mortgage. I am guessing the original t...
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In a nut shell and with out getting too complicated there are two main differences between the two.
1. Loan Assumption - Plain and simple you assume the loan without having approval from the bank (banks do not like t...
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What fees are associated with assuming a commercial mortgage and how long does the process typically take?This is a prospective property in Georgia I'm looking at.
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $950,000
Cash invested: $80,000
16 Unit property in Randleman, NC. This is the first deal that I partnered wi...