Suppose I pay $200,000 for a building, put  25% or $50,000 down for a conventional transaction (Fanny/Freddie), then execute a seller carry-back for a $40,000 loan in 2nd position (thus only $10,000-15,000 out of pock...

Well everyone i have some heart breaking news... i found a very nice duplex that was going to be owner occupied and rent the other half out. Everything is set to close on the 23rd.  Just got a call from the bank today...

Hey guys,Recently I've been coming across some houses in neighborhoods that don't have a ton of recently sold rehabs. Should this be a warning sign as it's not a great neighborhood to rehab/ wholesale in? I live in th...

We just had an appraisal done against a property for a refinance and the appraisal came in lower than expected.What struck me is the fact that the appraiser used comps which have sold as FHA and so he deducted $7500 f...

I will take 10 if these please!! Probably my favorite deal yet. Investment Info:
6 unit apartment building over 7k in sqft. 
Purchase price: $300,000Cash invested: $0.00

What made you interested in investing in t...

Hello everyone, my name is Charles Cinco and I'm fairly new to the world of real estate, but I am thankful and glad that I have my cousin (also Charles) running with me on this journey! Our drive is towards wholesalin...

Do these closing costs seem high to anyoneLoan amount is $131,000 at 7.5% interest with 25% down.  ~$11,000in closing costs: 4.4% points ($4,500)$1500 underwriting and processing$700 appraisal and credit report$1300 i...

Trying to get my feet wet in REI and have been running numbers on properties just to learn. One I ran on a fourplex seems like it could be good based on CoC return, but I want to know if I missed anything that would b...

Hey guys seeking advice:HOW DO I GET MY EQUITY IN LIQUID CASH FROM RENTALS?? All I own 3 rentals, all were purchased with conventional mortgages. the first Purchased for 60k, owe 36k, appraised around 70k. 2nd: purcha...

I think there is a pretty easy way to lower prices of housing to some extent.. And that is to do away with Mortgage Broker and have all home loans orignated by the direct lender/ Banks..
I personally bought a home i...