Dominick Marschall
Need some help!!! I don't know what to do.
Hello,
I inherited a duplex last December. I am owner occupying this property, bottom unit is rented with a lease. I am trying to refinance into my name. Current mortgage is still in my family members name. This pro...
Mary Lloyd
Buying a house with parents
I am planning on buying a house with my parents. We are looking into ways to finance it with <15% downpayment. I currently have a primary residence that I share with my boyfriend and my parents have never bought a ...
Jimmy Lieu
Am I understanding the BRRR method correctly?
I am primarily confused with how to get my money out to repeat the process.
Let's say I use HML and put 20% down on a 100k property so I get an 80k loan from the HML. The rehab cost is 50k borrowed from HML. The clos...
Sherri Southwell
NEED HELP WITH FIRST WHOLESALE DEAL-PROBATE ISSUES
I have a property (vacant about 4 years) in probate with some title issues. There are no heirs and is being handled by an estate atty with the assistance of a RE broker. There are $5k+ in back taxes owed. The estat...
Ellie Narie
How do you refinance a loan from a family member into a mortgage?
Let's say that you want to buy land and build a fourplex, however, you are newly self employed, and you won't qualify for mortgage loans for another 2 years, since banks need a 2 year tax return history. However, a fr...
Marvin McTaw
Should I Buy Subject To, Lease Purchase Or Land Contract?
I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...
JohnPaul Pacheco
Purchasing an Owner Financed Mortgage/Note
Is there a standard agreement to transfer the purchase of notes receivable to my name? I've yet to turn up anything for a situation like this. I came across several Owner Financed properties that I am attempting to p...
Brian Sachs
Opportunity for a quick flip and how to negotiate deal
My partner and I are from Las Vegas, Nv and we just got our first rehab property. While doing that rehab, I ran Into the neighbor (who Is a renter) and they saId they were leaving because the owner of the house is ...
Sarah Blesse
Mortgage Subordination Agreement or Non-disturbance
I have a unique situation where a neighbor wants a preexisting easement going through my property moved and is now asking for a subordination agreement from my mortgage company to protect the move. Proper title docume...
Jon Quigley
Subject To question
Hi. I have what seems to be a trivial question related to Subject To's, but I really have no idea of what the answer might be.I've read that mortgage companies are not so happy about people assuming mortgages and are...