Eseta Matasau
How to get around EMD
My husband & I are looking into buying an investment property to wholesale.(Our first deal.) The house is a short sale listed at $274,500 but valued at $393,900. In California where we live EMD is usually 3% (on ...
Ryan Morrissey
Short-term financing needs
I have a small portfolio of 18 rental units in Fall River and New Bedford (Massachusetts) which I purchased a little over 1 year ago. These buildings were in somewhat of a distressed state including several vacant uni...
Greg Jennings
New Physician RE Investing
I am a new physician just moved to NC and would like to get into real estate investing. The area I am in has been growing for the past 5-10 years and I see a lot of potential. I have starting listening to podcasts/rea...
Richard Villandry
What is this Silent Second Mortgage Fraud?
Hey BP!If i have a private investor that is willing to lend me a down payment on a property how do you structure it to not consider it a silent second fraud? For instance, if a friend gave me 20,000 for a down payment...
Charissa B.
Does a rehab loan make a flip not worth it?
A sibling and I are interested in dipping our toe into flipping. We looked at a few properties and found one that we like. It's a homepath property and we can't get a straight answer on whether it will qualify for con...
Allen L.
Anyone have whole life insurance policies?
I am in the last stage of a whole life insurance policy application. I have a few questions before I proceed with finishing the app:
1. Has the borrow rate historically been lower than the dividend rate? Like before ...
Kelly G.
Sell my house . . . or hold and rent . yes another one
so . . I posted a question over on the Buy/Sell forum a few days ago looking for a CA broker to consult for a FSBO. Had a couple local replies (Thanks!!) and . . . now . . one of these lovely people has my head s...
Sean Canada
Get out of a bad deal
Hello, I have kind of a newbie question but want to get peoples perspective. I was wondering what others do when they make many offers and have more than one say yes and need to let one offer go. How do you set u...
Gary Dezoysa
What is a realistic minimum to become a private lender?
Hi,American ex-pat living in Thailand here. I've decided not to invest in Thailand for numerous reasons, and also feel sheepish about investing in the US from out of the country even with a local partner. But private ...
Todd David Crouch
Self Employed or W2??
Hello All,Looking for advice regarding lending. I have spent the past 12 months as an independant contractor and wish to finance a project. At one point I was told I could obtain funding (non-conforming was the term t...