Account Closed
Purchasing HUD houses
I would like to know more information about HUD houses. What does it mean that the buyer pays the transfer tax both ways? Is there a formula to figure out what the total of that tax may be? Is it the same in all state...
Tracy Kirby
Seller wants to back out of contract
We have been under contract since 4/30 and doing a 203 k loan which requires more paperwork and takes a little longer. We are ready to close and have already come back from underwriting and just waiting on appraisal. ...
Mark Elliott
tax liens/ zombie houses
i have an interesting question for anyone who can educate me on this. here is the scenario:i have found a " zombie house". owner moved out when the bank started foreclosure. the bank is not maintaining the property an...
Antonio Reybol, Jr.
Looking for an agent that is also an investor
Hello - I am looking to work with an agent that has a few investment properties of their own as I look to purchase my first investment property. I am focusing on a cash-flow approach, primarily looking at SFR and alre...
Drayden Morgan
North Carolina cash out refi
Is there anybody in North Carolina who knows of any local credit unions or small backs that do cash out Refis on investment property’s?
Steve Lyman
Company Structure
Hello,
I have a question regarding structuring LLC's. I read a lot about creating a LLC for each MF property, which I do but my question lies at having a "parent" company listed as the managing or Class A member of e...
Benjamin Voorhis
FHA Financing for Multi Family Property
I've had a lender tell me that you can't use FHA for a personal residence on a multi-family. I don't think this is true but was wondering on some advice from the BP community.
Corbin Lane
Finding a mortgage for less than 10% down
I'm trying to find financing for a 2-4 unit house hack and I seem to keep getting the same answer back from lenders - to come back when I have at least 10% of the purchase price. I was hoping to put 3.5% or, at most, ...
Jeremy Anan
Seeking Advice on Structuring Seller Financing
Hello BP community,
I'm currently in the process of potentially purchasing a multifamily property, and the seller has indicated they're open to seller financing. This is an intriguing opportunity for me, but I'd like...
TJ Reiley
A good starting point.
Hi my name is Tj from around the Philadelphia suburban area and I’m just looking for some information regarding money needed to jump start my real estate investing career! I plan on house hacking within the next two y...