Scott Williams
Contractor needed for 203K loan
Hello all, my wife and I purchased a property with a FHA 203K loan. We have been through 3 contractors at this point. 2 backed out due to the way the payment works on this loan and one didn't give a reason just stop...
Tara Kinney
Invest and loan from 401K or just save?
Strategy Questions:I work as an 1099 for my "real job". I have an LLC and it is taxed as an S-Corp. I have recently stopped contributing to my 401K to use the money to save for real estate. But....I've been thinkin...
Corey Dutton
The Story of a Loan ‘Shopper’
In the lending industry, there is a commonly used term called a “shopper” to describe a person who is calling every lender in town to find the best deal on a loan. Experienced lenders can usually spot a ‘shopper’ a mi...
Dusty Cady
Buyout Private Lender Fees and get 50% Equity in home??
So I have stumbled upon a very unique deal and I would like to get some opinions on it. Here is the scenario.Investor owns a property that has an assisted living business being ran out of it. They mortgage is currentl...
CJ Moulton
What happens to the remaining balance after a home is auctioned for a lower price?
Hello All,Recently I have been reading up on Foreclosures, and I went online to look at some foreclosed properties (Auction.com), but there's something I don't quite understand...I noticed that the starting bid for a ...
J.j. McGuigan
newbie with a potential first deal
Hello, I will appreciate anyones input on this situation and as I learn more I will be able to share more of what the deal may consist of. A villa in my neighborhood is on the market for about $100,000 because of it'...
Sharon Carter
No More 'Subject To' Transactions
I just received an email from Phil and Shenoah Grove requesting investors to join forces and fight against a bill being proposed to legislation which will effectively STOP investors, buyers and sellers ability to purc...
Garrett Terrell
Infinite Banking & Self Directed IRA's
I've heard this concept thrown around the RE industry a few times, curious to see if anyone has actually done it? I have a lot of capital tied up in properties, has anyone used life insurance policies and self directe...
Jarred F.
Florida Vacant Land Contract for Deed or Land Contract Help
I'm seeking some advice from the BiggerPockets community. I've been wholesaling some land in Florida for a couple years and have sold a couple of lots under a land contract (or contract for deed). But Florida is a jud...
Kevin Romines
Non-performing note buyout
I have a friend of mine that has been looking at a house that he wants to get. The owner has passed and the wife is not on title. The wife and husband were married years ago and then got a divorce, they never got rema...