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I am in the middle of a renovation and had this thought while talking to another investor. Lets say you have a $35,000 renovation on a property you purchased. You have the cash in the bank to be able to cover the re...
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Anyone have experience with this- we got an offer accepted on a duplex that is a great deal, however, on inspection it came back that the electrical boxes are in the master closets and this is a hazard because of clot...
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I'm considering putting an offer in on a House in Reseda that clearly needs new roof! I'd like to get a quote on the roofing expense, before I submit a an offer. Does anyone know of a roofer in the area who could ch...
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Hi, I have 4 SFH and a 4plex doing LTR and MTRS in New Mexico, now, I have the opportunity to talk with a motel owner who is willing to do owner financing. His motel has been shut down since COVID-19 for not being up...
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One week before the final signing the buyer loses their job after which the loan processor calls the employer to verify employment so the deal can not close. Can the seller sue the buyer for anything?
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Recent Bigger Pockets episode motivated me to reach out to US Bank about their mortgages and loan products. I found out that they are one of the few banks that will do 90% LTV on HELOCS. Most I usually see is 75-80%...
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Hi All,I am trying to figure out what I should focus on to help me reach my goals. I currently rent my credit ranges from 579 to 601 so I cannot get bank approved for a mortgage. My wife and I are finally in a pretty ...
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Hello all, I recently obtained my real estates license and will be affiliating with long and foster. within real estate I really would like to get involved with investing and flipping properties. There is a home in my...
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Since I am on this group for RE Investing, I'd thought I'd throw this question out to all of you. My son and his 5 friends from college rent a house - each have their own agreement with the prop mgt company - they pay...
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One of the most intimidating aspects of getting a loan is trying to sift between jargon and fact. For something as important as a mortgage there is plenty of misinformation out there. If you talk to five different peo...