Nick Reuter
HUD Proposal Would Eliminate Seller Financing
I did a quick search but couldn't find this posted in the forums (only on a few blog posts) - looks like HUD is floating a proposal to eliminate seller financing unless you become licensed as a mortgage originator. He...
Dave Mustaine
Contract Termination
I terminated on 7/25 the contract to sell my house. My listing realtor has not replied to emails since I terminated. I see the house shows contingent on realtor.com and Redfin. Is my house still on the MLS if i...
Kyle Curtin
Tip for Tenant Screening! (ESP as owner occupant)
Hi everyone! I wanted to share a small tip that I just discovered after something very “interesting” happened when listing one of the units in my building that I owner occupy!I posted the unit to Facebook marketpla...
Amanda Damron
Advice for acquiring a true owner financed home?
My husband and I are looking to purchase a home at a price of $65000 or less (low market values in our area, and we are open to some fixer uppers). Our credit is not good due to a layoff about 3 years ago that devast...
Shannon K.
What is The 2-Day Rule??
Hi everyone. I went to look at a house today with my realtor and he regularly works with investors. He knows I'm planning on using a hard money loan for the funds (in combination with some of my own). I have a pre-app...
Palak Patel
New Landlord: How to Screen Tenants & Attract More Applications
Hi everyone,
I am new to the rental business and just purchased my first rental property. I want to make sure I screen tenants properly, but I am not sure where to start.
-What steps should I take to screen tenant app...
Sharon Carter
No More 'Subject To' Transactions
I just received an email from Phil and Shenoah Grove requesting investors to join forces and fight against a bill being proposed to legislation which will effectively STOP investors, buyers and sellers ability to purc...
Kevin Reinell
How do wholesalers make offers with no cash?
Not sure I understand how wholesalers without any cash or credit can make offers to a potential seller and get around the hurdle of showing proof of funds needed to close? Can someone explain this?
Alex Hileman
New Investor Looking for Lending Advice
Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding). My husband and I have a house with no mortgage and great credit, but no cash to invest ri...
Vernon Henry
Delimma
I'm a newbie who bought my first property a little over 2 years ago. Bad news is, as far as cash flow, it's a little above breakeven. Good news, due to the real estate boom, I could probably realize about $120k gain a...