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Has anybody actually found hard money lenders that lend at 100% for purchase and redevelopment in DC and Baltimore or is this a myth? We have thus far found 75% for purchase and 100% for redevelopment projects that ar...
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Hi All, I'm in the process of trying to do an FHA Streamline Refinance on an FHA mortgage I have. I've talked to my mortgage holder about this and he said I could save about $40 a month doing the refinance, with no ou...
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Hello, I'm nearing the end of a contract negotiation for a 100+ unit property, and the "final" request the seller came back was the following: Our CPA recommended that we add a sentence to Paragraph 8: EVENTS OCCURING...
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Hi all
My partner and I have a few properties under our belt at this point. Up to now we have been using hard money for the rehab phase, it costs a lot but it's a necessarily evil.
We have connections to some fol...
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Hello, I hear about some local investors obtaining 10mil dollars of lines of credit to buy property. What do you actually need to obtain this line of credit. Is it basically net worth and rental income? Or is it mo...
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I just closed on a new home in Windsor CA that I will be furnishing and then converting to an STR. It has a big pool which was the main draw of the house but as a first-time pool owner, I'm just learning about the sev...
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If I buy a property subject to the existing loan and later on stop the payment, whose credit will be damaged if the bank comes in and foreclose the property?
Thanks,
Rocky
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I am interested in finding out if anyone would recommend a reverse 1031 exchange?... If you have an investment property you want to purchase and take the profit from one you own but you purchase the desired investment...
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Hi guys, I’m a little tied up because I’m lucky enough to have a family member willing to sell me a property in Arkansas. I just need some help with mineral rights and also the property is in a deceased persons name. ...
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Are there real estate agents that specifically work with investors? The agents I’ve contacted do not seem interested in helping me locate investment properties. They won’t even send me info on foreclosures and REOs. I...