I’m new to flipping in the Austin market and I found a great deal on a property and wanted to partner with a seasoned local flipper on my first one to learn the ropes. They also wanted me to fund all the cash to close...
I am new to short sales...always done REO's. I figures since I am in CA I might as well learn as almost everything is upside down here.
Here are my questions:
1. Is the realtor the one who negotiates the short sale...
Hey Everyone,About to originate a new loan for one of my borrowers. I've never used a deed-in-lieu of foreclosure before, but a few friends have told me to include it in my packet. Question: If I have the borrower's s...
Hey, all! I did a gentleman's agreement and he accepted my offer. I'm going to get a purchase and sale agreement form to him tomorrow. We agreed to split closing costs, I'd take care of septic inspection, and I'm t...
Has anybody had success buying from this website? I've bid on several, and been the high bidder several times but have never had an offer accepted. It seems they auction each property 4-5 times without a sale, then ...
Please help analyze Owner Finance
Ok, I have been renting (the tenant) this single family home for 2 years. I love the area and plan to stay for a very long time. 5 acres at the end of a rural-enclave (means it canno...
I've just jumped into virtual wholesaling! I've researched and I'm a little stuck I wanted to know are there any auction sites that I can wholesale from it's a little hard trying to get hard money loans for auctions.
Hi there,My question is regarding balloon payments. I saw a deal posted on realtor.com as follows:Fully rented brick 4-plex. Seller will finance with terms acceptable to seller. Minimum 20% DOWN, Accept SELLER'S EXIS...
Hey fellow investors!When negotiating a contract assignment with your end-buyer, what is the criteria used for determining how much of an earnest deposit to ask for, in order to insure the end-buyer has some skin in t...
I've got an investor that would like to take a 125K hard money loan from me. This is my first time doing a hard money loan. Is there a check list or something that people commonly use before giving a loan to be sure t...