Ryan Underwood
Buyback FNMA Mortgage at less than face value
The face value of any given mortgage note hinges upon a few things, but lets consider it's a 1) conforming, 2) performing, and 3) in the green meaning favorable LTV. Now let's assume it's a 15yr conventional mortgage ...
Shahzad Shaikh
Investment Property in Austin - recommendations
Hey folks. New to the forum and BP, looking to source some advice from Austin MSA veterans. I am researching investment properties (leaning SFH, buy and hold for at least 5-7 year) in Greater Austin. Would love opinio...
Aaron Lippiatt
How do I report income tax on interest earned from promissory note w/expenses?
If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
Scott Anderson
How do I leverage equity in my current rentals to purchase more?
Property #1: Found a 3100 square foot duplex that needed some tlc but for the right price I could afford the repairs. Decided to purchase as is. Although, I encountered a problem. Had the money for down payment and re...
Lynne Garris
Brrrrrr.....what is brrrrrr?
I’ve seen it a little but not sure I know what it is . Is it basically flip and hold house?
Kris Marmol
Hard money to finance the rehab?
Hello I am looking to invest in a few properties out of state and throughout my search I’ve found a few private or Hard money lenders that are willing to finance 100% of the improvements and 90% of the homes purchase ...
Galen Dawes
90 Day FHA Rule - Flipping
Hi
I am about to purchase a home cash that will take me about 3 weeks to renovate. I am sure I will have a contract within the first two weeks of listing it. I am worried about the old 90 day rule that alot of...
Ashley Teleki
Seeking opinions/ references to resources
I am a newbie investor in the Buffalo NY area. I have seen some listings that say "owner is willing to hold mortgage". I was wondering if anyone has any experience with this, as I do not have all the requirements to g...
Brandon Halley
Best strategy for my first refi
I am weeks away from completing a major rehab project and I am looking for opinions, advice, and possibilities regarding permanent financing. A quick background. About a year ago, under my LLC I bought a distressed fo...
Kenny Lewis
What really happen in the buying process? All steps & docs needed
Ive read and heard a lot of success stories and the fun parts of investing...but what realistically happens/needs to happen throughout the whole process...paperwork/money wise. I get the find the right deal and right ...