Natalia Avalos
From contract to close, what is SFH Turnkey timeline?
Hi everyone,I'm under contract with my first SFH Turnkey property and it feels like the process is taking forever. I put it under contract on July 14th, and it took a month to get an inspection and the punch list crea...
Tony Salazar
Fannie Mae Won't let me Flip for 90 Days
Here’s the deal.
I just got my offer accepted at 132,000 on a REO that the seller is Fannie Mae. Inside the Purchase Addendum it states that I can not sell the property for more then 162,000 within 3 months of closi...
Vanessa Van Muyden
Escrow re-analysis causing increase in monthly payments
Hi! I have an Airbnb in Dallas TX. Recently had an escrow reanalysis and my property taxes went up significantly causing my monthly payments to increase by almost $1300. Now I am far from cash flowing.
Is there anyt...
Larry Lee
Contracts im using for Wholesaling
Well I've built a small buyers list of 6 cash buyers and 9 investors, my other forum shows the steps I took to build even this small list. Now im on to step 2 and I realize I have no idea how to find a property much l...
N/A N/A
Need Lender That Allows $20K Assign Fee On Hud1
We have a house under contract for $76K. End buyer wants to buy it for $96K. It appraises for $135K. End buyer is going to put $5K into rehab and intends to owner occupy. His credit score is 750. He was using a mortg...
Leander Henderson
biggest fear!!!
I'm new to investing and I've been thinking about doing some contract assigning to start out and build some capital, but I have this major hurdle that I need answered. What happens if I get a house under contract and ...
Brad Dickinson
Should I sell my note?
I recently just sold my first deal using a wrap around mortgage. I owner financed the new note for 15 years. I am currently 2nd position lien holder but have a low pay off in comparison to the note. I have never sold ...
Keith W.
Should we be paying points before closing
I’m coming to the place I can trust for answers.
I was either approached or maybe I reached out to a private money lender for their terms which are 90% acquisition, 6% interest and 2 points. As a first time investor...
Kevin Bennett
Need wisdom on a flip.
I could use some help with a real estate challenge.I have a contract on a house. The owner bought it a year ago for $97,000. She decided she wanted to downsize to a condo so she could travel more easily. She agreed...
Joshua Pillow
Please Help! Should this be my 1st deal?
I close June 20th, it is a buy and hold and my first deal. It's a 3 bd, 2.5 bath, 1600 sq ft, 2 car garage with a shed, jacuzzi, built in 1989 and has nice backyard covered porch. It's in a high demand rental area ...