Never done a short sale before. I mostly do wholesaling. The owner owes $174k (and about 7k behind in payments). Bank says they'll work with him and have tried several times to renegotiate his mortgage but he just ...
Hello all, After many hours listening, reading, and saving. I'm ready to make my first deal. I want to purchase a duplex that I've finally found where the numbers work. Here's the quandary:My father will be retiring a...
GOOD DAY BP!
i wanted to ask question,
for example;
there is this property that is listed for 254k with rehab cost around 9000 usd and its ARV is about 300k. now i need, 263k i wanted to use other peoples money. ...
I have a few deals I'm working to get seller financing on but will require a down payment. Ideally I can find a debt partner who's willing to gap lend those funds for a flat rate return, since the deals cash flow very...
Hi everyone!!! Mother of two, wife, full time employee, and beginning real estate investor!!! Looking to use RE as the vehicle for financial and time freedom for my family. Will be doing some wholesale deals to start ...
Hello BP,I have been running into a recurring trend in searching for deals. Two properties located in a single lot. The primary issue with this is that financing sources (traditional and hard money lenders) are havi...
One of my partners mentioned that in order to be approved for a loan, your down payment cannot be a “gift.” In other words, you must have earned the capital through some legitimate means.When hearing this, I was confu...
I have a hard money lender in place already but haven't had the cash to go out an start buying. Especially considering listed properties take $1,500 deposits and rehab costs come out of pocket.
I have a money partne...
Hello,I am brand spanking new to the real estate investing world and to Bigger Pockets as well. I have decided to try something new, by trying my hands at real estate investing. I have done some researching, and am pr...