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Looking at a REO property and normally I am used to having to write up a FARBAR AS-IS contract plus a bunch of bank addendums that basically nullify 90% of what's said in the FARBAR contract.
But this time th...
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Anyone have a form LOI for mortgage lending they can share? I'm looking to lend on a deal, and they don't have an LOI outlining the terms of the deal that can be signed before money is wired to the closing agents esc...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $200,000
Cash invested: $50,000
Contributors:
Sydney Mann
2 x 1BR/1BA as long-term rentals
...
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I’m looking to write an offer on a house in the Hampton Roads area of Virginia. The home does not qualify for conventional financing due to needed repairs. I’m looking to write a seller financing offer with a 2 or 3 y...
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My wife and I want to get into the STR business. We are building a STR/2nd home in Boone but it will not be ready until Q4 2024. Since we will be going up there often to check out construction, I thought getting a S...
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Hello all,I am completely new to real estate, other than the home my wife and I own. Still educating myself with podcasts, etc. Really need to get my feet wet and start with my first investment property. I am looking ...
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Hello,
I am an aspiring investor looking to acquire my first rental property. I am hoping to find reputable lenders who lend based on the asset, not the borrower. I do not have any credit which is something I know ...
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I'm putting this question out into the forum, because I know someone, somewhere will help me reign my brain in from being paralyzed with indecision. I'm going to list out my facts and questions below. Thank you in adv...
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First time home buyer here, so I apologize for the simple question. Looking at purchasing a home with a conventional loanMy agent never went over contingencies or terms with me when placing my offers. She would just a...
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How do I calculate my real rate of return if I buy a $43k deed of trust for $40k that pays interest of 8% and matures in 43 days?I know calculation for annual rate of return but, my $ are invested shorter term and I’m...