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VA Loan for a multifamily property in Texas
I am looking to purchase my first multifamily somewhere in Houston and as such I am looking to use my VA home loan. I currently reside in California, however I would like to purchase a multi-family in Houston where I...
James Schiller
?Modifying your second lien and getting qualified for a home loan modification
Often time, prospective home-buyers become homeowners by securing a secured mortgage loan in the first instance and then subordinate them with a second mortgage loan, often known as the home equity loan. Due to the...
Jordan Archer
Will a bank refinance a home you bought with a wrap?
Hey BP,This is something I want to know in order to reassure some of my buyers...So, I want to buy/acquire homes subject-to. I then want to find a buyer (one who can't get conventional financing/loans) and sell the pr...
Anthony Whitt
Looking for that first deal
Hi all! I'm here in Dayton, OH looking for my first deal for a buy and hold for cash flow. Because I'm new at this, I don't yet have a lot of contacts, so I've been browsing the MLS looking for properties that could f...
Stinson McElhinney
Trying to analyse selling of home for purchase of investment property
Hello, looking for guidance on my particular situation.I have a well done, fully remodelled home in Carlsbad, CA in a very desireable neighborhood. It was my primary residence before I took an overseas assignment and...
Roger Garner
Renting a SFH in Millcreek WA
Hi everyoneI own a SFH in MillCreek, WA. I am moving out of the states and I am in a fix whether to sell or rent the property. I am hearing a lot about tenant issues, washington state laws favoring tenants etc. What i...
Bobby Burris
Should I go for it
So I recently just purchased my first rental property. It's owned free and clear no debt but has taxed my expendable capital. I have an opportunity with an investor willing to invest in my rental business for another ...
Robert Leon
What is the best marketing strategy for motivational sellers?
To all the wholesalers out there what has been your best marketing strategy that has given you the best response rate? I started wholesaling 3 months ago and I haven't landed a deal yet, so far I've sent direct mail t...
Mike Sivert
Subject to - tax write off?
I'm thinking of doing a subject to deal. If I continue to pay the mortgage in the the seller's name (with out refinancing) would they claim the mortgage interest tax deduction or do I get to claim that since I am payi...
Brendan Harrison
Cap Gains / 1031 Exchange / Seller Financing
Scenario: I buy a house from a Seller for 900K, but they still owe 200K. I give them 200K as my down payment, so they can pay off their loan. They carry the remaining 700K back with Seller Financing. They had owned i...