Joy Hardegree
Recent FHA purchase for Primary Residence/duplex with tenants
We just bought our very first property on Feb 24th with an FHA loan that requires us to take up residence in the property within 60 days and live there for at least a year. This property is a duplex with inherited ten...
H. Jack Miller
Subject to Financing- Investing
I wanted to see if anyone is using this strategy, what is the good and bad to it and what has your experiences with it been?
Jeff Ju
Request for a payoff and reconveyance
Hi all - I did a search here but couldn't find a consistent answer. Hoping for one here. Situation: This is my first time lending money. It is a first position note for 12 months to a borrower who paid 6 months of int...
Chuck Redman
Looking for feedback from Private Money Lenders
First off this is not a solicitation for a loan!
I am new to REI and wanting to know what information a Private Money lender wants to see to determine if they would be interested in loaning the funds.
Thank you for ...
Melvin Flory
BOA Scammmed Me into Default, Who Will Refinance Me with $60,000 Equity
I became permanently, totally disabled from 26 years of Federal service in January of 2007. Remained current for approximately 1.5 years, middle of 2008. Bank of America/Countrywide told me I had to be 3 months behind...
Andrew Flora
How to know if a lending company is legit
I have recently came across a “direct private lender” that claims to be from a company named Inclusive Properties. The website is very basic with not much info or content. I inquired and set up a phone call, after s...
Christopher Morris
House Hacking in NJ
Hello BP, I have been reading up and listening to podcasts on house hacking especially in NJ (Jersey City, Montclair, Bloomfield). As I'm looking for a house hack, I'd really love to live in a decent area (some in Jer...
Tereal Wilsonn
Duplex metro Detroit
Please advise , on duplex
Asking price 90k
2 units currently rent for 775= 1550
Tenants pay all utilities
Annual taxes 2000
Homeowners insurance is 150 a mouth
This Duplex is in metro Detroit
This is my first...
Maurice Stewart
Creating an LLC (I think I did it wrong) Please Help!
Hello, My wife and I are in the process of turning our primary home into a rental. I created an LLC, and the rental address is not the name of the LLC. My thought was to give the LLC a generic name, and the rental cou...
Dakoda Spencer
Does This Investment Make Sense?
Recently I posted on Craigslist asking people to email me if they are interested in buying a house with seller financing. The sole reason for the post was to simply start to build a list of potential buyers.I was cont...