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Need to Sell/Get out of Mortgage FAST - Advice?
My wife just received a job offer that we cannot refuse, and we need to get out of our mortgage.
We currently live in the FL Panhandle in a year 2000 3 br/2ba doublewide on 5 acres. It's about 30 minutes from Panama ...
Gloria Mirza
what to do after 10 properties?
So I have finally hit the 10 property mark. They each have a mortgage with a rate between 3.5% and 4.0%, so I don't want to refinance them into an umbrella loan or anything like that. My question is, what is the bes...
August Armbruster
Structuring investor packages to fund multifamil apartment buy
My siblings started to invest in multifamily apartments in 2016. We currently have 3 properties (93) doors in our portfolio. We own and operate all properties. We have financed every deal with conventional financing (...
Account Closed
Describe Your Best MH Deal!
My best deal ever was a double-wide manufactured home that I purchased for $4,900.00 and sold it for $18,500.00 cash. Oh, and did I mention that the buyer paid all the moving costs?
What was your ...
Steven Segal
Lending - Attaching a mortgage - Illinois
I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...
Dan Krause
Existing Government Lease as colatteral for commercial mortgage?
:D Can a commercial office building, for sale, be acquired by financing the property at appraised value AND using a federal government tenants lease (5-10 years ) as collatteral or down payment on the mortgage for th...
Mark Navarrete
Declining Population in my market of interest
Would you consider buying a cash flowing property in a city that has a year over year population decline? I'm doing some research into the Buffalo,NY market because of the favorable purchase to rent ratios and came ac...
Madison Heck
Best way to finance a rehab
My investment partner and I are looking to close on a property around $200,000 in value. We have enough capital for the down payment + closing costs (≈$50,000) but are trying to figure out how to best fund our rehab.W...
Patrick Philip
How do large wholesalers assess repair cost?
I just started wholesaling. On a small scale, I can go drive and see the house. This is really the only way to get an accurate assessment of it's condition. But if I ever expand and am sending out 50,000 letters/month...
Tom Camarda
Best way to keep purchasing
Greeting BP communityQuestion for you all. I currently only qualify for conventional mortgages via Freddie Mac, which caps my loans at 6. I currently have 6 properties (including my primary) so I have reached my limit...