Account Closed
Jackson MS. Note Investing: What are the pitfalls?
I have company who I was considering purchasing a 5 year note but since it is my first rodeo, I was looking for guidance as to what to ask the note company?I asked some basic question and here was their response:"All ...
Brennan Davis
How to finance your down payment
So. I went into the mortgage lender at PNC today to just pick their brain about getting pre-qualified for loans towards investment properties. Sweet lady, but hard to follow. From what I have in my notes. It appears ...
Brian Kraft
Options for Family Member Private Loan in Colorado
I'm under contract on an investment property-- a duplex in Colorado and I'm trying to navigate the details of a partial private loan from my sister. I'm working with a mortgage broker I like that I've used in the past...
Tyler Hart
Invest while im stilk in the army?
Brand new to this forum and real estate, currently in the army stationed in hawaii and my plan was to use my VA home loan on a duplex when i get out in 4 years and pay it off asap and start from there. Wanted to know ...
Twana Rasoul
5% Down Conventional Loans for 2-4 unit Multifamily
Fannie Mae is coming out with new guidelines to allow 5% down payment on 2-4 unit multi-famiy (Owner-Occupied)...This is huge news at least for an area like San Diego where FHA (3.5% down) can't be used for 3 and 4 un...
Account Closed
buying a rental first or wait till i buy a primary ?
hello,i have 175k for real estate and putting aside 105k for a duplex with 15% down financing conventional in my home state NJ with the goal of living rent free or close to it. use the 70k plus for a rental single in ...
Ezra Nugroho
Seller cannot close because of lien, what now?
Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
Benjamin Fertich
Investing in a High Turnover Military Environment
Hi All,This is my first post to BP! I have lurked in the background of the forums for long enough and am finally ready to jump out and immerse myself in learning. Situation: I recently purchased a single family town ...
Jason Hatfield
Quit Claim subject to Existing Mortgage Deed
I am currently in a BINDING contract with a SELLER of a residential piece of property an I am the BUYER for the sum of $20,000.00. The contract is seasoned, and is sitting at a Title company ready to close. There is a...
Syed-Shawn Azam
From My First Duplex to a Million Possibilities
Hey All!In this discussion I want to talk a little bit about my first success story as a real estate investor and how that has helped me to transition into where I am at today!It all started out about a year ago. I ha...