I think it is impossible to succeed in Bankruptcy Auction. The banks agent will always bid what the loan value that the bank is currently on the hook for. Has anyone been able to go to an auction and ACTUALLY made mon...
I have a scenario im deciding on right now. I am building a duplex out of pocket and I can either pull out all the equity whens its done ($190,000) on a conventional or pull out 96.5% of appraised value ($246,075) and...
2 properties for sale in the same neighborhood. 1 is 45,000 the other is 49,000. Tax assessment of both is 10,000 lower that the asking price. The offer made is: He, (the owner) will sell both for &5,000 cash and...
What are the major differences of a traditional bank loan vs portfolio lender? Which one is better for fix and flip?
I am a licensed contractor looking for a 203k loan on a property in Englewood NJ. I have a colleague who is also a licensed contractor willing to do a lot the work. 2 questions
Any suggestion on structuring the deal...
I am a member of a non profit - 501c3 - and we are looking to purchase our own building. We can't use a standard FHA loan can we? If not what type of loan products can we use?
I have volunteered to lead the building...
Hey all, glad to be a part of this board. I am fresh out of college, and early in my career.
I have always wanted to invest in real estate, since I was about 12. I am learning more and more each day. I am reading "I...
Hi, I'm really new and still trying to understand as much as I can before I make any moves and I'm exploring a lot of different types of real estate investments. So my latest scenario involves a wholesaler/rehabbe...
Hello all,Need advice on below, would like to know from experts if we are missing anything and how is this deal overall.We just started researching about investing into commercial real estate and stumbled upon this pr...
Hello,
My cousin and I recently got an excellent mentor Stephen Tilton to help us build our capital, guide us on real estate, and connect us with others. I had a brilliant idea the other night. Instead of taking the ...