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...
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...
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...
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...
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...
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?
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...
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...
Hello again,Curious if this tenant seems reasonable to you:Rental on property is 1245/mo with tenant paying electric and gas.Tenant makes 18/hr with a 11 month old baby, who's mother will watch when she is at work.Hus...
I’ve been fortunate and blessed to have been employed by a company who has employee stock options over the last 10+ years. Admittedly, I had no idea what I was doing, set my “contribution” to 10% and never thought abo...