I got my first Hard Money Loan. Everything is fine, but I was surprised that I won't be 'advanced' any rehab money. They will only reimburse me after work is complete. This is a $50k rehab, so I will need about $15...
It's impossible to get cashflow in Vancouver, but I found that there might be some old leasehold condos in DT Vancouver with cashflow.
Is there any pros and cons for buying a pre-paid leasehold?
What happens when ...
No matter where I ask I’ve been getting a 6.125% to 6.25% on a 30 year fixed mortgage for Memphis on a $60k to $90k property. Is this the normal rate nowadays or should I continue to look for better rates? I have a 78...
Investment Info:Small multi-family (2-4 units) buy & hold investment in Cicero.
Purchase price: $30,000 Cash invested: $100,000
Contributors:
Molly Walsh
Three town homes in the booming Cice...
Can you get seller concessions on an FHA 203K loan?It is a fannie mae property and I need to put down 13.5% because I am using a grant. The home is $65k + $5k in rehab, it doesnt need that much work.The problem is tha...
I have converted a couple of units to short term rentals. My new tenants normally do not receive mail as they are usually moving on to next contract within 90 days. I recently checked the mail box and it was jammed ...
Hey so I am new in the DFW real estate market and in real estate investing. I want to start out wholesaling. I wanted to ask if anyone knows how to obtain leads for sellers? I have created a mail marketing campaign by...
I have purchased a foreclosure in Michigan for $28K cash. I need around $75K for the rehab budget. The ARV comps out at $160k. Can anyone recommend a hard money lender that will work with a new investor? Thanks in ad...
I'm in the midst of closing in on my first deal involving all cash financing. I signed the contract and put up the good faith deposit 2.5 weeks ago on the 16th. The attorneys initially gave the 10th of November as my ...
Property #1: I am Closing on a 3/1 in a week for 65k using a personal loan/cash savings with, property will likely appraise at 80-85k. Intend to put a mortgage on it once tenant in place. Property inspection done. in ...