Hi everyone, Ok so I have a question about a severely fire damaged house. I have a woman who wants to sell her house to me, however, after an initial search on the internet I saw that the home had been through an awfu...
I am buying a flip house and use a portfolio lender to finance it. My bank is offering to use my rental property which I acquired last year as collateral to lower the down payment from 20 to 10 percent. What risk am I...
My partner and I are investors. We’re setting up Down Payment Program for Rehabbers (Fix & Flippers). We’re located in CA, yet, plan to be offering DPs nationwide (DOT/non-judicial states for starters). We'd be co...
Has anybody dealt with Carter, Bailey, Oppenheim & Dryfus in respect to private placement funding? They claim to have a workable concept in accordance to which they provide investors with reserved cash funds for t...
I have $55k of equity on a recent $85k purchase (3 single family homes)
I don't want to refinance for a year.
What kind of loan should I get to use my equity to buy another property?
Just getting in to the game. Looking at two HUD properties. One is a town home the other a single family with a pool. I know both neighborhoods pretty well. Aware actually getting these properties can be tricky. Looki...
Hello all, just wanted to ask if Virtual Wholesaling from Philippines to USA is possible, Do I really need a addendum? I see a debate on a Wholesaling facebook group saying that hiding stuff is not a good thing to do...
So I'm up to 8 properties that I've bought, rehabbed and rented (well two are undergoing rehab at the moment) and all are out-of-state (Georgia). I'm now looking at options for lending. Chase will give 6.125% on a cas...
hi. Is it true that credit union only finance 70% of purchase price? They have interest rate of 4.5% and when I called chase they can give me 80% loan but 5.5% rate.. not sure which one will be more workable for me. A...
Hey Everyone!
My grandmother recently passed away and my father and his sister inherited the house 50/50. Comps in the area are approximately $650k-$700k, but due to the condition, the house appraised for $450k. They...