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I know a similar question has been asked a million times and I will probably get a variety of answers but I do not plan on wholesaling this property. I fully intend to close on and buy this property myself however I ...
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I recently bought a roughly 30k house at auction With the intention to resell as is to an investor.It’s a nice little house needs very little work. I just don’t keep houses like this anymore. So I listed with my realt...
I know we can use a promissory note to pay the seller during the subject2 deal because the property have equity and positive cashflow but how do i know in the next 5-15 years i will have the money to pay back the sell...
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Hello Everyone. So I Found a decent duplex with a double lot ( buildable with permission from neighbors) highly desirable area for a 575, offered 605, appraisal came back at 605.... I honestly don't think the house...
I recently applied for an $80k HELOC to cover some of the purchase price and rehab costs of a deal I was looking at. Yesterday the bank called me and said that I qualified for up to $170k. Of the original $80k I app...
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I'm currently in negotiations for an off-market deal involving four houses. These will be buy-and-hold properties. The seller is retiring from the business. The total selling price will be below the total of the curre...
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A couple of years ago I began work as CTO for a smallish mortgage company here in Northern CA. The company began to go sideways a year in, and I was in a position where a decent chunk of the staff was willing to foll...
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Hello all! I've been learning a lot from this site, and this is my first post. I was hoping to get some opinions on a potential deal I've come across. My market is Tulsa, Oklahoma. Theres a home near downtown in an ar...
many people i talk to say that what is left on their mortgage is none of my business.this last guy said "if you buy it for the right price it shouldnt matter how much is on the mortgage because ill just pay it off".fo...
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Alright, don't jump all over me for the question, but I really don't know the answerLet's say I buy a home for $100,000 and put 20% down with a 7.25% mortgage. I now have $80,000 worth of debt with roughly $450/month ...