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I have a family interested in doing a lease to purchase on my house. I want to create a contract that is both fair to my tenants and advantageous to myself, and also meets the legal requirements for such contracts ...
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Ok so this is what I am up against. I typically purchase properties that need major rehab. After purchase and rehab I am typically at 65% of ARV. I then usually take a cash out refi at max available. I then take that ...
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Wanting to compile a list of the states that require a license to purchase and or service notes. I believe the following states require a license to purchase or service notes...please feel free to correct me if I'm w...
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I just looked at a duplex I'm interested in. Agent tells me that I'd need to have the earnest money for a VA loan. I was under the impression that VA loans was 0% down to use. Am I wrong on the information I was infor...
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This is for a friend, who is planning to purchase a property directly from someone in the family. What forms do they need to prep? There's no mortgage on it currently but the buyer would need financing. Seems like For...
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Can I get a hallelujah?
As of April 4, 2009 Fannie Mae will increase their current restriction of a max of 4 financed properties BACK to 10!
YOU HEARD ME RIGHT!!!!!!!!!
Ahhhhhh... They finally came to their senses...
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I'm looking at 3-4 properties to acquire under lease options. Ideally I'd like to buy and hold. I'm nervous that I won't qualify for multiple mortgages three years from now.
What are my potential exit strategies (i...
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This may be a dumb newbie question but I haven't run into this before.A local commercial property is listed for sale by owner. I reached out asking for more information and willingness to sign a non-disclosure if nece...
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I recently purchased a 4-plex and would like to start setting up for purchasing at least 15+ unit building in the Minnesota/Wisconsin area. I am wondering how cash reserves are reviewed for such a purchase? I would be...