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I was looking into hard money lenders for buying an auctioned house online. Can someone describe their process of buying an auctioned house with a hard money lender and other steps in buying an auctioned house? How lo...
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Just did another Commercial Mortgage through my LLC on a two-family property. I do commercial mortgages on all of my buildings because it is in my LLC for liability purposes (as far as I know, it has to be a commercia...
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Hello! This is my first post on BP, but I have been following for a little while, and been doing a LOT of reading. This year I decided I was ready to make some serious moves in REI and have begun pursuing properties a...
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Looking to purchase my first Fourplex through seller financing. The property is in an older well established part of town, Garden District, and the owner wants to strictly Owner Finance the deal. The property is act...
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(This post was longer than I intended...)
My name is Michael Major and I, similar to thousands of others on BP, am interested in getting into buy-and-hold rentals. My area of interest is Northern Utah so my family ...
Hello there, I am a newbie in the real estate world and I am very interested by the idea of House Hacking. I know that I could get into a duplex with an owner occupied FHA Loan of 3.5% down, but I am curious if I coul...
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That is a huge number to me. I am using hubzu.com to bid up to/around 250k and they clarify this is their fee specifically for "hosting" the auction, separate from earnest money or anything that goes to the actual sel...
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Hello PB,
I’m 32 years old, on active duty with the Navy, father of four and have a beautiful wife! I’ve been on active duty for eight in a half years and will be retiring from active duty service in 12 years.
I ha...
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Hello, BP. When you are going to refinance your property. I believe 1 of the requirements are "cash reserves" to cover 6 months to 12 months of funds to cover the mortgage. Instead of having cash, can a person use Cre...
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My brother and I are looking to start 2018 with a jump into real estate investing. I started off by reading real estate books. As i got more and more familiar with the industry, I decided to take a course and take my ...