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Hello BP. I am selling a flip turned primary residence and have a buyer requesting owner financing. I am carrying a conventional mortgage on the property so I would need to setup my first wrap around mortgage/contract...
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I bought, sold and traded up several times since 2003. Ended up with a triplex that generates 11k per month.
It’s worth 2.4 million, the mortgage is 1.4.
Which of these options make the most sense or if you have o...
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We have a property in Huntsville, Alabama that we purchased three years ago. It's cash flowing well and has enough equity to refinance and pull our roughly 14.2k for about 4k in closing costs(the breakdown of expenses...
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Hi Everyone,I am thinking of purchasing my first home and have a question about mortgage applications. I have excellent credit (>800), however no history of a mortgage. I had a loan out on a car that was paid off i...
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I cannot seem to find my answer online and I want to have some knowledge on the issue before i reach out to a mortgage loan officer. Two months ago I purchased my first duplex (house hack!) and I received a convention...
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I have a condo in Hoboken NJ with 300k in equity. We purchased it in 2008 for 440k and it’s estimated value today is 700k. It cash flows 250+ a month which is positive but has remained steady for the last 5 years. A...
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Does it really matter if you pay retail and buy via MLS? Thoughts?
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After going under contract with auction.com on a property we found out that the IRS has placed a lien on the home we are purchasing in Texas. Does anyone have any experience with IRS liens? What we're trying to det...
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Hey there BP,I'm a wholesaler out in San Diego and through cold calling I came across a motivated seller who owns an apartment complex in Houston. My end goal is to own multi-family/apartments, although I own nothing ...
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A partner and I would like to purchase a residential multi-family property this year. Most likely this would be a duplex or triplex. In the areas that we are looking at, the property purchase price would be under 200K...