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There's a property I'm interested in where the seller is VERY motivated to sell because she is in jeopardy of a tax foreclosure this coming March. Anyways, she's willing to finance a note for me, with great terms; ho...
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I checked out a foreclosing property with a Title Co to see how many liens were on Title. There were three, but none were tax liens. Can I safely assume that there will be no surprises.....that is, no tax liens? Or...
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I'm going to approach the owner to purchase a foreclosing home, subject to lender approval of a short sale on the 2nd and 3rd. Indy has the 2nd and WaMu the 3rd. What can you tell me about these lenders? Auction is...
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I've been very successful with purchasing REO's for 10k-25k and renting them out for $625-$700 to sec. 8 tenants. I've used credit cards with fixed rates and Bank of America to mortgage the properties, but these types...
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Does anyone in the group successfully wholesale MLS properties? Any tips and advise is appreciated. I am a licensed realtor in NJ. Thanks
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There is something that I am confused about , and that is the following ...... " The New Loan amount must NOT be more than the borrower's initial investment in purchasing the home + you can finance the Closing Costs ...
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I am an appfolio user and have been for 5 years. We are based in Texas so generally a very friendly landlord state. We currently manage about a thousand doors and pay Appfolio many $1000s per month in fees. I don't kn...
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In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...
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I'm planning on purchasing an investment property in the range of 30K-50K, instead of using my capital looking to borrow from a private money lender. This private money lender is an investor with many properties and i...
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Hope everyone is healthy and safe.
I’ve been a constant browser/lurker of the forums but never had the courage to introduce myself until today. You can say that I had “analysis paralysis'' on my first introduction po...