Cody Richard
Yearly home-buying with FHA loans ... what should I be aware of?
The owner-occupied FHA loan offered by the government is one that is extremely useful for new real estate investors to purchase multi-family homes. Recently, I've thought about the possibility of gradually growing my ...
David Roe
Counter Offer asking for a bidding war
Looking at a fix and flip in the Dayton Ohio market, it went to MLS for $39,500 then price dropped to $34,500. I figured 30k in rehab on the property. It sold for $18,100 in Feb 2019 so i offered $24,000 cash deal w...
Courtney A Hall
Need help getting out of raw deal with invest group (lawyers plz)
I have a entered into into a business agreement with a real estate wholesaler/rehabber/flipper well known in the Philadelphia area. His company was supposed to locate a property for me in Cleveland, rehab it, locate ...
Mark Oviatt
Starting Private Fund where I lend to small builders-HELP
Hi BP, I'm looking to start a private equity fund where I intend to take accredited investors money and lend bridge/construction loan to small/mid sized single family builders. 1.As I stated before, i will only use ac...
Ivan Jouikov
Does Sub2 hurt the seller if they want to buy another house?
I'm learning more and more about sub2s.
Since the mortgage remains in the seller's name, would the seller have difficulty getting another one? Considering the "seller's job relocating" - the seller would probably wa...
Account Closed
Banks taking REOs back off the market???
http://www.msnbc.msn.com/id/39467220/ns/business-real_estate/
anyone hear about this?? i hadn't until today. i put an offer on a REO and the agent took it off the market shortly after. when i asked why, this articl...
David Sirmons
REO dbl close/Quit claim deed and payment.
There's a chance I may be able to avoid using a trans funding company for wholesaling an REO I have a contract on. I was looking at having to do a double close, with trans funding for A to B, which will eat into the p...
Jimmy C
Does this property have potential?
M first time posting. I've lurked for a couple of days and would like for you to see if someone could analyze this deal for me. It's located in Florida
I'm looking into a quadraplex setup as 2/1 f...
Sharad M.
What would you do?
Hello all,
What would you do in the situation? The property is a 3 unit and each unit is 2/1. Two of the units are rented out for $525 each with tenants paying the utilities (except heat for one)....
Robert Miller
Tax Question
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...