Michael Morrongiello
What Happens when a REVERSE Mortgage is MAXED OUT to the owners occupancy?
What Happens when a REVERSE Mortgage is MAXED OUT to the owners occupancy?Situation: Years ago the owner of a property worth $1M and an elderly property owner placed a REVERSE MORTGAGE on their property which when fun...
Jason Young
Rehabbing my personal residence then selling
Hi all,Not 100% certain this post is in the right spot but here goes anyway. I bought a forclosed house about 5 years ago with the intent to fix it up and live in for a significant amount of time. Maybe even rent out ...
Austin Hughes
$100K equity deal...tiny glitch
I've come across a highly motivated seller, who has a very nice duplex with $100K in equity right now. Needs no repairs, is in a great location, and is a killer deal.The seller owes back taxes, and those can be paid o...
Marc Estepa
NOOB Question: Whats my next best step for pre approved financing
Background: Currently stalking a house. It’s an animal hoarder situation, and the family has put the house up for sale. Conservatively, the homes in the neighborhood and nearby comps are worth $500K. They are aski...
Richard S.
Private Lenders in New Jersey
Hello, I currently have a portfolio of 7 properties (mixed SFHs, duplex, triplex, quad), owned free and clear, each held by separate LLCs (formed Jan 2016). The problem I am running into is that most of the tradition...
Leo Maldonado
Seller not wanting to accept FHA Offer?!
Hi Everyone! So I have an interesting situation here. I am looking to get into my first real estate investment! However, the seller is not wanting to close on an FHA, he would prefer a cash offer. This I don't underst...
Anthony Martin
Prospect is asking about a lease option
hiya BP.So I've been scouring the forums for lease option information. I have two properties currently and am n the process of finding new tenants as they are both vacant. I had someone email me about doing a lease w...
Andre Houston
Advice on portfolio loans
Hello my name is Andre Houston I am a real estate investor. I have 3 properties so far 2 rentals and 1 primary. I bought my first house 5 years ago for 200,000. I bought my second property 4 years ago. My primary was ...
Rich G.
Best way to purchase rental property when getting started?
Hi Everyone,I’m really interested in real estate and have been for a while. I’ve listened to podcasts, read some books, watched videos and I’m eagerer to get started. My goal is to purchase a 2 family and rent out one...
Anastasiia Greca
Closing costs
Hello everyone!I started looking up what are the estimate closing costs in my areaand I found a calculator from one of the banks. The result was - estimate closing costs, including prepaid items and escrow account fun...