Leo Robinson
Wholesaling Bank owned properites
Does anyone know the process to wholesaling/flipping bank owned properties? is there a particular way to maneuver around it. Thanks ! Leo Robinson
Sinco Pare
Sell it on CD or Sell it Outright
Should I sell it on CD or sell it outright?
My goal is to buy very profitable buy and hold. the subject property is not profitable at all. I owe $210k. There is very little to protect in a 1031 on the property.
A)
I ...
Joe Mack
Commercial or small multi family?
So I’ve come to the conclusion that I’m going to go the house hacking route after I’m done with highschool and acquire them with FHA loans, then keep trading up properties every two years with a tax benefit. However I...
Matthew Harrison
Looking for financing in michigan
Hello all. I am looking into my options for financing my first rental without my fathers borrowing power. I am purchasing a home from a motivated seller for 15k and plan to put another 10k in. I have the cash to do th...
Codey Yingling
Owner Occupied First Time Home Loan
I am looking to purchase a duplex and live in one side. Does anyone know if it is better to go with a large bank or local bank? or is it best to go with an FHA loan?
Omar Alvayero
I need some legal binding forms
Hello BP community,I have some leads on Subject to and Lease-Option.. But I don't know where to obtain the following forms:1) Authorization to Release Information2) Grant, Bargain, and Sale Deed3) Limited Power of Att...
Andrea Hewitt
Which mortgage would you choose?
Which mortgage would you choose?
You have $90,000 set aside to invest with.
Option 1: 20% down + 1 point + closing fees =$83,850
5year fixed/30year amortization at 6.75%
There is a 5 year...
Darrell Perkins
Insuring a Fix-N-Flip Property
Looking for any suggestions for insurers who will insure a high value, older "fix-n-flip" property in St. Louis. Recently acquired a fantastic property in a great neighborhood as a "fix-n-flip" however due the propert...
Michael Mnatsakanian
Refinance options on VA loan to maximize REI benefits
Newbiew investor here.
I used my VA loan to house hack a duplex (purchased in May 2020). I bought the duplex as a VA foreclosure around ~170k, appraised at 186k as-is, and it was previously sold in 2017 for ~225k. Pr...
Edgar Juarez Ruiz
Best use of property/lot in Fayetteville TN 37334
I have this lot in Fayetteville Tn, roughly 1.5hrs from Nashville. I was planning in building a duplex with the option of selling. I did think of keeping it, but with current rates and the area it does not seem to ...