GERT S.
ownership and encumbrance report questions from a newbie
Hi, I am interested in bidding on this foreclosure property through the Orange County's (Florida) website (I "x" out the identifying data for privacy issues):
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Case...
Dirk Richmond
Looking for cash out refinancing - 50%+ equity after loan.
I'm trying to borrow 75K on property worth 150 - 170K but things have apparently gotten so tough I'm having trouble getting approval. Property is on Gold Coast of Chicago, rented below market and still cash flowing...
Derek Helm
Where to start?
I am 16 years old with a part time job that pays 100 dollars per week, I want to begin investing as soon as possible but don't know where to start, or if it is even possible with my very minimal funding. Any and all a...
Felipe A.
HELOC on principal residence - great, but what happens if I move?
I am exploring opening a HELOC on my principal residence allowing me to make a nice down payment on properties down the road. However, if I move, I have to pay off the HELOC before satisfying the mortgage on the old ...
Robert Blake
Starting out MFH instead of SFR?
If one has the capital to go straight into MFH, is there any reason not to? Obviously, with no experience one would really need some good mentor hand holding, but I'm seeing some properties within reach that seem lik...
Hai Loc
Partnering with a Contractor
I wanted BPs opinion on partnering with a contractor and if there are any nightmare stories The contractor I know finds the deal, puts it under contract and he can either wholesale it to me or we can partner. I told h...
Luke Carl
How much should I charge this guy?
Met a guy who said he wanted to go 50/50 so I showed him a couple deals. The second one I showed him he was ready to buy. I had to explain to him the 1% rule right there in the kitchen. He's clueless.
Funny thing is...
Marc Pfleger
Commando Leads System?
does anybody have any experience with this system? opinions? anything helps, thanks!
Mike V.
HUD rejects offer but tells me what they will take - is this new?
I am bidding on my 3rd HUD home and this time when I was rejected they followed up not with a counter offer but with a statement of what they would take if I wanted to bid again. Is this a new development or have the...
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Question About Shopping Mortgages/Lenders
I own a few properties and have mortgages to go with them. I just acquired a new property (investment) and I'm shopping the loan.
Can anyone suggest any resources/guides/techniques they use when loan shopping?
In ...