Eric Justice
Positive Cash Flow Question
I am looking to buy an investment property in 3-6 months. Ideally, I want it to be a condo in the Chicago area with positive cash flow. It seems difficult to find a property with positive cash flow. I am looking for a...
Will F.
Hard to refinance a simple owner occupied loan
I'm trying to help a family member who's a real estate investor and physician. He makes plenty of hundreds of thousands of dollars as the W2s and tax returns show to cover this simple loan. They simply want to d...
Ty Thomas
Philadelphia Duplex Conversion to Triplex?
I bought a duplex that has a basement with a lot of potential for a 3rd unit addition. I've gotten a couple of estimates from contractors, and pricing looks feasible as well. What should I do next to ensure this is a ...
Praneeth Nadipalli
Non Warrantable Condo in Clemson
Hi All,I'm doing some exciting work putting together a partnership to invest in some condos near clemson! Do any of you here have contacts for any lenders that might do a 30 year loan on a condo that is 90% investor o...
Nathan Thompson
Foreclosure offer (I would occupy, rent rooms, rental property down the line)
I'm currently looking for a house to buy that I can occupy and rent out the additional rooms. I'm buying with a VA loan and have been looking at some short sales and foreclosures in the area. Couple questions I have...
Nathan Roberson
Developing Real Estate on Raw Land for Profit?
Over the past few months I have been searching for fix and flips in my area. Its proving to be extremely difficult to secure deals. The average DOM has been around 8 days. Not much luck in the surrounding areas either...
Bradley Termeer
My First Deal! The 10 Year Fix and Flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $350,000
Cash invested: $30,000
Sale price: $589,000
This was my first deal! It was supposed to be a short term...
Joshua McGinnis
What's the strategy for pre-foreclosure deals?
Assuming I market to a list of pre-foreclosure properties added in the last 30-60 days, what would be my strategy for virtual wholesaling these deals? Are these best suited for subject-to type deals?
Keith A.
Minimum mortgage amounts
If the strategy we plan on using is to buy cash and then use some leverage later, do we need to be looking at properties greater than a lenders minimum to finance?
For example, buying 60k properties cash and trying...
Marci Stein
REO on hubzu - means no liens ?
Did i understand right that if a property is REO, that means there are no liens when sold to highest bidder? Thanks!