Yocheved Beer
buying houses at the auctions
Hi all,I want to start buying houses at the auctions but have a few questions,like how do I know the title is clear? Are there people that you can send to the auction like a professional bidder?I just dont know how to...
Joseph Liz
So you made an offer, now what?
Hello all, Ive got a question in regards to closing on a deal.So, say you found a good deal, on the MLS, Zillow, or whatever. You’ve got enough for your 20% down + closing costs. You’re in contact with the seller and ...
Yazeed A.
Foreclosure/FSBO Due Diligence
Hi guys,What are some things to check for (i.e. back taxes) when purchasing a foreclosure or a home that is for sale by owner? I have my eye on a property and I don't want to get hit with any unexpected costs because...
Rob Toste
detailed questions on wholesaling.
Hello all, I am just getting into the wholesaling game, and had some questions that hopefully some will be able to shed a little light on. Preferably someone in California that is more familiar with the laws but all i...
Chris Burgess
How to find out if vacant house is private or banked-owned REO
Hey guys I am a wholesaler and a mail carrier and I have access to this extensive list of vacant houses but I want to know what source i can cross-reference to find out if these are REO's or pre-foreclosure or private...
Ann N.
$100 deposit on wholesale deal
on a wholesale deal the initial $100.00 deposit given by wholesaler/investor on the contract -- is this a formality or does the $100 exchange hands? if so....a. Who holds the deposit?b. How is it reflected this on the...
Prashanth Prash
Lender Paid Closing costs or Lender credit??
My mortgage officer at US Bank says they don't have an option where closing costs are paid as a credit or added to the loan.US bank covering all the bank fees. Title and Escrow charges are coming in around 5000. I am ...
John Voychick
Brrrr refinance fees seem high
this is my first brrrr and I have owned this florida property for 6 months. I own it in cash.Im not sure what to expect with loan fees but here is a quote I got:75%ltvEst. 150kApr. 5.84%Origination: 645Appraisal 685T...
Vijay G.
Loaning Money for Auction property
Hello, I just won the bid on auction property. My bid price was 120-130k less than the market price. I am planning to acquire the property and clean it up and put it on the market. it may take 3-6 months. I need to c...
Jassem A.
Finding private lender with house as collateral
How would one go about finding a private lender that is willing to accept equity in another property as collateral? Like an equity loan from a bank with comparable rates. I'm guessing a local private lender would ...