Chances are if you have done a few wholesale deals in your day, then you have heard someone gripe about the dangers of dealing with wholesalers. Typical comments from someone that has been burned from wholesalers in t...
Hey everybody, I've been following a multifamily property in a city on the outskirts of Tampa, FL. I First saw it when it was priced at $950k. It has recently dropped to $660k. It is 24 Units (2 buildings) which are ...
I’m getting ready to buy my first rental property within the next 2-3 months . I have 13k saved up and I intend to use an FHA loan.The multi family properties in my area are about 300,000+ for a 2/1 duplex . I found ...
So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. W...
Hi everyone, I'm currently in the market for performing institutional first position notes, but I'm not sure where to start. I have Dave Van Horn's book and have listened to it twice, but when it comes to actually tak...
Is it normal to start freaking out after you purchase your first rental property? I know I am seriously freaking out. I hope that it's just the jitters from all of the new things going on. This is the first propert...
This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
Why would a sellers not accept an FHA loan and would rather do a conventional loan even though the property has a solid feel of passing the inspection?