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I was just hired (though unwillingly) to purchase a note on behalf of a past client. He held a second mortgage and they both began to default. I encouraged him to foreclose faster than the first and he did. He now ...
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Hi everyone, We recently moved from our first home and want to turn our previous South Louisville residence (B class) into a rental. Its 3bdrm/1bath and we have it listed at $1,000/mo. I've read many real estate books...
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With private money for say a rental property, are you generally able to make extra payments on the debt every month to pay off the loan faster? On the same note, could you get a 15 year private money loan on a rent...
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I recently saw the light on the whole payoff your mortgage with heloc method. I'm not here to fight or start a heated discussion about that matter, but it does make me think about which I should payoff first - prima...
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Hello all,I need advice on a bad housing situation I am in. In June 2023, a property in Pleasant Hill, CA area came on market for sale at $468K and seller had offered for the buyer to assume his loan (at interest rat...
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Calling all rehabbers, agents, landlords or anyone that posts photos of their property while selling. I've been thinking about photography and real estate and figured I would ask a few questions to the community.
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I thought I wanted to DIY but a week in and SO MUCH TRIM later, I'm second guessing. Feel like there are so many other things that need to be done and its taking way longer than I anticipated. Is hiring out painting w...
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So, earlier this year I bought a 2 bedroom / 2 bathroom condo in Chicago. This was my first time ever buying property. The condo is in Rogers Park. I'll admit, I might've bitten a little more than I could chew, but I ...
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Hello EveryoneI am trying to expand my knowledge in fix and flip by learning about how to handle repairs, cosmetic procedures etc. I have heard from some books I have read about "Home depot university" where you can g...
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Closing on a CMX-2 zoned duplex in Philadelphia soon. It has 2 residential apartments and 2 very large rooms with locks in a basement. Would like to know what can we do with this space in the basement? How do we adver...