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I've been contemplating how to maximize my access to cheap debt. I currently own over a million dollars in single-family rental properties and have a secondary HELOC on one of them which is allowing me to access some ...
Hello all. This is my first post and I'm looking for advice (so it might be long because I'm desperate so please bear with me and read this if you're willing to help). This isn't really real-estate related but I thoug...
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Hi guys,Wanted to get your opinion on a situation that I am in. My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total. The net worth of the house is worth $275...
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I was under the impression that it was OK to use your private lender's proof of funds on cash offers.
A realtor today told me today I was incorrect.
This is a listed REO property.
Thanks!
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If I were to purchase a property with seller financing, would I be able to acquire a HELOC to fund the rehab? If so, would that still leave me the option of refinancing with the bank in a few years--effectively pay...
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REO's if you have submitted a POF Letter, why do thay ask for earnest money. I don't understand it. There getting the full amount, when we close. Help me understand.
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Investment Info:
Single-family residence fix & flip investment in Baltimore.
Purchase price: $96,000
Cash invested: $34,000
Sale price: $340,000
The renovation was a full three story bump out...
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Hi BP,
I am thinking if a husband‘s LLC purchase a property all cash for 100k. Instead of waiting 6 months to refinance for 80% of ARV to pull the cash out. Can the wife purchase the LLC’s property at 130k given she ...
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Contact your state representative and ask to have seller financing de-coupled from the following bills: HR4173 and the ‘Restoring American Financial Stability Act of 2010′.
Your Call To Action – Make A Differe...
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Hello, Ladies and Gents
I am about to go on the military deployment for 1 year. However, I am leaving my 4 properties rented out on the leases to different tenants in same city.
I was thinking about the...