Tyler Silverman
Option to pay for points or not with conventional financing
Hello everyone that reads this,I'm reaching out to anyone that may have already done the math/thought exercise. My question is if buying points for a lower interest rate on a traditional-financing loan has any $ advan...
Evan C.
Two house deal, slightly short of cash to close
So, we are under contract on what looks like a great deal but we have to cover a gap in funds to close the deal. Here's what it looks like:Two homes in a secondary market area in North Carolina. The two were being sol...
Joshua Dorkin
Bush Proposes Stimulus Package of 1% of GDP - Thoughts
President Bush today proposed an economic stimulus package amounting to 1% of GDP. His ideas included:
Immediate implementation
No Tax Increases
Bolster business and consumer spending
Tax rebate check
No Spending Pr...
Shaun Hunt
Hold or Flip?
I am sure this site is full of answers regarding this question, but I need a little advice.I just picked up my fourth investment property. Once repairs are complete, I will have 50-65K equity. I am quite excited abo...
Brian Rudderow
Breaking the 70% Rule on High Value, Low Repair Properties?
So I'm new to wholesaling and am trying to figure out the basics of pricing.Everything that I've come across so far tells me to make an offer of no more than 70% of the ARV.But what if the house is worth a lot and nee...
Craig Shrimpton
How exactly are we helping the distressed seller?
All,Please help me get my head around a basic principle.One of the basic points in buying for cash from distressed owners is the investor is somehow helping them. I'm trying to figure out exactly how.For example: You ...
Maryam Mostafa
what do you think about CASH ONLY?
Would you do it? it's my first investment property. not that i have the moeny to cash out a property now anyway. but is it worth it to do so when clearly something major would be worng with a cash only property? it se...
Rhowela Friel
VA Funding Fee - closing cost is high
Hello. I am new to real estate investing and my husband and I are currently in the process of doing a cash out refi on our primary home. Our mortgage currently is 480k at 2.875% and with the VA cash out refi, it would...
Mina Zadeh
Refinance or HELOC with bad credit?
My fiancé inherited a home with his siblings. We want to refinance this home and buy out the other beneficiaries so that we can fix it first before we sell it. It needs repairs and the other beneficiaries aren’t inter...
Ash Seth
First time buyer against investor
I am a first time buyer and dealing with short-sale for a house in NY. From lawyer I came to know that there are multiple offers on the house including 1 cash flow deal.
Me and my wife both like the property. But no...