First time poster! Without diving into too lengthy of a post.Bought first rental property just over 2 years ago.Used a HELOC to do so at 5.1% locked rate so investment property has no note on it.Have an option to do c...
Hi,For the first time I am planning to buy a property in sheriff sale in NJ. . The property is in good shape. Now, i spoke to a mortgage broker if he can help me to close in 30 days. As per the sheriff sale instructio...
Hi I'm new to wholesaling and I live in Texas I wanted to know where can I get the one page assignment contract that also have the clauses where I can back out if I can't sell the contract? And also where can I get th...
Hello, all. I have quite a few questions. We are currently living overseas and want to purchase a house in Indiana, as a rental investment. It will be a cash deal that we intend to refinance later. I've never purch...
So just I fully understand - when the SS property is listed on the MLS, the homeowner gets to live there for free until its sold, right? Meanwhile unpaid property taxes are racking up (another loss for the bank), and ...
Looking to understand if Hard Money would be a good fit for the following situation. Have a seller that wants to sell quickly. We worked out a price of $215k on a property that is likely worth $270k based on comps. Mi...
Looking for some input on a negotiation I am currently working through. It is a duplex that has pretty significant deferred maintenance. I estimate that repairs to bring it to market value rents would be around 35k. ...
For sellers who must reduce their asking price to achieve a
A successful outcome, they likely will net less at the closing table.
Price Reductions
Carefully pricing a home allows sellers to walk away with the most...
I am closing on a duplex Monday and the seller has been dragging his feet on sending over the leases of the current tenants and now he is telling my realtor that he cannot find the leases.He has said verbally how much...
So, my friend is closing on a "Officer Next Door" (half price) property via HUD in Los Angeles. The house needed repairs so the standard hud loan did not work. He was placed into a 203k loan. He is about a week from c...