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I hate dealing with Fannie Mae.
I have this FNMA property under contract to close on May 2. There is a separate thread on that HERE, but I think this is a different issue and I need some advice on how to mov...
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For the first time in years, I'm having very little return on a Craigslist ad. The property is just a tidy little 2/1, nothing exciting, pretty run-of-the-mill with one major flaw, no washer/dryer hookups. Price ...
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I was recently in Los Angeles and I saw all sort of posters in Korea town - which has a lot of hard working people who have brought it up from the 90s -- LA riots, slums, etc. There are posters that say "Housing is a ...
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I am looking up some houses to fix and hold (rent) and I am doing some analysis, but there is absolutely no way to get a deal which fits the %2 rule.
Here is an example:
http://www.zillow.com/homedetails/2911-Nels...
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Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
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Hello RE friends,
In an effort to move beyond theory (e.g. reading, speculating, postulating) and into practice there was a need to invest in a commodity.
Commerical paper doesn't seem as interesting because it's ...
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We just had our first accepted offer on a house that I knew would have some underlying problems. After the general home inspection, we discovered WAY more than we were willing to take on for our first rehab/rent so w...
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I'm close to completing my second flip, I just listed the property on my local MLS when I had an idea:
Why not cash out refi for more than I have in the property.
I bought the house for $40k in cash, I have less tha...
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Folks...
So what do you do when they request highest and best to stay in the game on a house?
What are your strategies?
You increase a little (couple grand or 5k or 1k or substantial increase)
Or you don't incre...