I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
So i was thinking of buying a residential rental property with 4 units near where i live and the seller is asking for $ 4,88,590 and the rent that i assume i’ll be receiving would be $ 876 a month from 4 tenants. So h...
Hello fellow REI just asking opinions of members regarding the pluses and minuses for a first rental property. I have been able to save around 25k cash in the bank with no debt to my name and minimal life expenses (li...
Most investors need supplies of some sort. (I shop at Home Depot because I can literally see it from my front yard.)But unfortunately, Home Depot doesn't carry everything.Where do you shop? What dumpster company are y...
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
Hello everyone. New the site, but not new to investing. A colleague of mine has made investment in two properties held by EquityBuild and has been pleased with his experience. I am considering investing in a 16-unit ...
since here in Sacramento CA , the prices are so high and there are so many cash buyer investors , that there is barley any inventory left for new investors like myself , is it smart to go ahead and buy houses fr...
Hi, I'm a first time house flipper and just bought my first foreclosed property for 108k. The comps in the area are anywhere between 200-220k. Ive been meeting with contractors everyday, but don't really know whats a ...
Ok...so...I'm a little beside myself. But I've got to get this off my chest.I'm seeing more and more posts about bad wholesalers. And all of the posts have various stories about how people are being jilted by bad whol...
Property appraisal value: 265K
Borrower's down payment: 79K
You 1st trust deed: 132K
Seller: 2nd trust deed: 70K
Two year balloon
In addition to the high combined loan to value, what e...