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Hi everybody! i am a new to this site and into the the real estate game as well... This past year i had bought my first multi family house that was pretty much turn key so there is no equity in the house... I ended up...
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[b]Hi I have a log cabing home in Okeechobee florida. We are now on our secound contract with a buyer, we can not get the banks to approve a loan for anyone. The problem is the comps, they want another log cabin tha...
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I'm working on investing in Phoenix (just because I'm getting started again after years, so I don't want to complicate things by going long-distance). This is a high-appreciating market, which means finding properties...
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Hi! I’m looking to refinance cash out of my three unit rental property. I owe 140k and it’s appraised for 280k, so I’m looking to take out around 60k. Positive cash flow of around $1200 per month before refi. My quest...
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I have a 3 building multi-property (1 commercial and 2 multi-homes) in Michigan that I am considering, for which the seller is willing to finance. He has owned it since 1996, and is over 60 years old and still works ...
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This is a follow up to my previous post.
I wanted to buy a NPN note (1st Mortgage) from the bank and then foreclose (hence acquiring the property).
However, there is 2nd and 3rd Mortgage. I did some future research...
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Here is my situation. My conventional loan is 172,900 - it appraised for $190k and "off the record phone call from the appraiser to my broker" the appraiser mentioned that all the houses in the area are going f...
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HI guys,I have enough money to buy 1 home out right, But I know it makes a better investment if I use that money to buy 3 with a conventional loan instead.My problem , is that I already have 5 mortgage loans under my ...
Hi,I own three properties and am looking to purchase my fourth. This new one, though, is the first one in which I am going in with an investor approach. We purchased our first home with a conventional mortgage and t...
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I am putting in an offer on a property listed on the MLS. The property is bank owned. If I am planning on using hard money or private money to fund the deal, how should the contract be written up? Is this written u...