Ana M.
Homemakers and FHA/FHA203K Loans
Hello everyone!I'm currently in Indianapolis, Indiana and I'm planning out my future house hacking journey before I leave Cosmetology school around September 2020( I started school around June 10th 2019 and I'm curren...
Keaton Hill
Closing cost and VA loan
Hello I just have quick question, I have been told that you are able to roll the closing costs into the the VA home loan therefore you are not paying a down payment and you are not paying a closing cost upfront it all...
Al Richards
Painful loan process please advise
So far I am about 30days late to close on a property I find to be a great investment. The property has been the easy part the financing has been a nightmare. I’m getting a FHA/ FHA 203K loan and I have everything need...
Dana G. Neilson
hard money questions...
Hi everyone, I hope this thread doesn't get deleted, so I did my due diligence and I think this is the proper location for my question. Can I use hard money to purchase a property that I intend to live in after I pay ...
Nick Long
Primary Mortgage “Majority of the Year”
Hi all, I’ve searched and searched with no luck on this topic. I’d appreciate any feedback. I want to make sure everything that I do is above board and legal.My wife and I just bought a small fixer upper with cash tha...
Simon Stahl
What does "buy for cash" actually exactly mean?
When using the phrase "buying for cash", what does that actually exactly mean? Does that mean that person does have the whole amount in their bank account? Or does it mean that person is using a HM lender that can com...
William Jones
Homesearch issues
Hello everyone! I am currently purchasing a home search property, cash deal, to move to in SE Georgia. House was listed at 71k, I offered 45k, then 51k, then it went to auction, I won that at 46k and after a week they...
Danny McGreevy
Looking for financial answer, not opinion on down payment size
I’m not interested in a personal situation answer, im interested in a pure numbers answer. I hope I can phrase this in a clear way.Scenario: 1) Is it better to avoid mortgage interest and put say 20% down or 2) is it...
Gabriel Juarez
Tips on investing
I’m turning 20, any tips for anything to do with real estate?
Mark K.
What does it mean to "carry back the loan/paper/mortgage"?
Hellp BP Fam,What does it mean to "carry back the loan/paper/mortgage"? Could you provide a contextual example? I am researching note buying and have heard this phrase brought up a few times. Thank you in advance!