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Hello,I recently received an appraisal that was satisfactory to the lender (85k home price v 88k appraisal price). There are some expected repairs to satisfy the FHA loan criteria.We are in good shape to finish this o...
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I'll preface this by saying I've already taken these questions to three separate professional accountants. One straight up told me he has no clue, and the other two gave conflicting answers. So hopefully the interne...
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There is a property that the owner owes 133K, and wants 191K. ARV is 238K. I want to get this house under a 1st lien HELOC. I wanted to use hard money to get the property quickly, and then get the HELOC to secure the ...
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She's a pretty great tenant other than the fact that she didn't disclose she had a dog. NOt only a dog but a Pitbull, who is on my insurance co's list of dogs they won't insure. She's also 6 months pregnant (the ten...
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I have a duplex I am trying to refinance. I purchased and rehabbed it, using a short term loan. I now need to refinance to a longer term loan. A local bank initially seemed interested. It cash flowed with just one ten...
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Hi all -We have our first investment property under contract, with an estimated close date of Aug. 12th. The property has current tenants, which have expressed interest to stay. Their current lease expires Aug. 15th...
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Hello BP,I'm looking to roll some of my IRA into a self directed or solo 401k. I read that fees can vary quite a bit. I was wondering if I could get some opinions on rock solid companies with low fees. Right now I'...
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First I don't want people confusing private financing with hard money. Here I am NOT talking about hard money lenders but only about PRIVATE FINANCING.
My Question:
I want to have access to 30 or 40k and my ideal te...
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Okay, so I am a beginner, and when I say beginner I mean BEGINNER! I am just now arriving at the beach... my feet have NOT touched the water yet. Anyways, I am 20 years old and want to learn this real estate investing...
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I was told by a friend about using hold open title policy for flips because it can save a lot of closing costs when flipping. Does anyone have any experience with these? Is it a good option for flipping a SFH?