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I found a 3 unit rental property that I’m not sure how to approach. Here are the facts:-List price is $125k-Seller purchased for $104k on a 15yr. in 2011-2/3 current occupancy-$1500/mo @100% occupancy- Could use $15k ...
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I'm looking to finance my first investment property, but I'm afraid chances of financing are slim as I already have a mortgage on my own home...does anyone have experience with this? Were you able to find financing f...
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I am interested in buying a property subject to the existing mortgage. The owner still owes about 73k on the a property that appraised for 134,000. I'm looking to purchase it for the 73k and just take over the existin...
Say you find a distressed home with a owner willing to sell to you. The mortgage on the house is $100k, the owner owes $80k, and they take your offer of $50k. What happens to the $30k left on the mortgage?? This is al...
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Hi Everyone, I am new to real estate investing and I am trying to understand the how a whole seller helps a home owner in pre-foreclosure. So far it is my understanding that I identify a person in pre-foreclosure, and...
First time doing a Subject-To deal and I’m trying to take over a family members existing mortgage as they want out. Should be fairy easy as the seller is 100% on board with it.I have had no luck finding an attorney to...
I have property available in Kingsland Ga. Very minimal rehab needs to be done and owner has an existing mortgage. VERY MOTIVATED SELLER. Im located in Florida and currently do not have any Georgia investors. Looking ...
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:violin: You may be thinking of improving your existing home or buying a car or planning a dream vacation even though you may not have the necessary credit. A bad credit home equity loan will be a good solution for ...
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Hey guys I'm a wholesaler new to BP! Quick question, when structuring a wholesale deal, does the remaining amount a motivated seller still owes on the house factor into the maximum allowable offer (MAO)? I know the ...
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I am considering buying my father in law's home and renting the property out. The home needs a new roof, mold problems, electrical problems, basement floods. There is a mortgage for $49k. Comps are $150k-$200k for res...