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Ok weird question everyone, but I made the mistake of purchasing the last house into my LLC. So now I'm only qualifying for commercial type lending when I still can get more Fannie Mae loans (lesson learned)
Transfer...
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What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
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I'm wondering what is the average profit per flip. I attended a RE seminar and the guy teaching the class was saying he won't do a flip unless he makes $50k profit minimum. Which sounds amazing if that is true. I'm lo...
ATLANTA experts please chime in on this.
Bank initially approved my offer to buy a 6yo, modern, nice, heavy traffic, 8000sf foreclosed strip mall in Clayton County, GA for $475K cash. Rent roll show NNN l...
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I moved out several months ago and renovated the place completely, I had some neighbors and co-workers actually show interest and ask when I'm putting it on market. One said he'd like to buy it for his mother. The h...
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Hello BP!
I've been doing some research for rental property insurance policies and see that USAA has some very competitive rates with good coverage. Has anyone had any experience with this policy or advice?
Thanks!
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Background: have 2 rentals purchased in the 90's, looking to start investing again. I am interested in buy / hold (or buy and flip if right property) properties. Financing strategy question.I have the assets to buy p...
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Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
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Hi there, My fiance & I submitted a contract on an REO property on May 25th 2016. The house has been on the market since 2013 (I believe it actually foreclosed end of 2012. I am working with a real estate agent (w...
Hi all - have not gotten into investing yet but have been wanting to for years just have not had the courage. Been thinking of using heloc on my primary.I pulled out a heloc on my primary home to finish the basement b...