Hi all-I am just trying to understand the REO market better.When does an auction that is in foreclosure property become an REO property?Thanks
I am working with a broker to fund a loan for a duplex in Baltimore...the lender being used by the broker is Visio Lending. We signed closing documents this morning, and at 1:45pm I got word the loan didn't fund. Sell...
Hi,
In one of the parks I'm doing Lonnie Deals, the park is at 40% vacancy.
I'm thinking of asking the park owner if he wants to owner finance empty pads in his park. I would be responsible for finding a home to pu...
Let's say I purchase my first door with a conventional loan. Then to get my 2nd door, is it better to finance with another conventional loan or get a line of credit by borrowing off my first property (then get a line ...
Not sure if anyone work in an insurance company or have experience making claims on insurance. I currently own a 2 family house which started as owner occupied insurance coverage (HO-3) but I moved out of the house a...
As the financial market is still at inflection, I found something unique where we can arbitrage the mortgage payment with high rate CD, I know it's temporary but still pretty cool. For example, the lowest rate for 30Y...
Hi BP!I'm comparing insurance quotes right now for an owner-occupied duplex in Sacramento. All the quotes default with no flood or earthquake insurance. For my CA people, do you carry earthquake coverage? Why or why n...
Hi all,Im looking for any insight on insurance in a sub to / seller finance deal.1. For sub to: Since I would be taking over title to the property, but the mortgage is still in the sellers name, how does the insurance...
Hi,I started my real estate investment journey 3 years ago, house hacking near a college town. Appreciation and equity has grown on the house and I should be able to access about 300k through a HELOC on this property....
Hello folks, new to this forum and to Real estate investment, looking to invest passively, both for long and short term, what would you guys recommend, what are your thoughts on real estate syndicates and who do you r...