Wade Pilling
Can’t compete with Home owners
Cap rates are low in my area. Too many people moving here needing homes. I can’t compete with people wanting to live here. They are willing to pay more. Would you look into building rentals instead or try a differen...
Joseph High
Seller Financing - Structuring Terms
I have identified a property that is in my neighborhood that I would like to purchase. The original owner passed away several year ago and the house transferred over to his son who lives in another state. He only visi...
Niman S.
Fannie increases limit from 4 to 10
On 3/1 Fannie will start allowing investors to hold up to 10 mortgages and get Fannie Mae backed loans. The limit had been previously reduced to 4.
They say there will be an increase in activity from investors who h...
Rob T
CitiMortgage REO
I have been following an Ohio property that was purchased at Sheriff sale in January by Citimortgage. I have had little success getting anywhere with Citi other than iit's scheduled to be assigned an asset manager on ...
Philip W.
Mortgages under $100K
I have come accross a number of properties that i and some collegues would like to purchase....Is there anyone that can facilitate a purchase of these SFR under $100K...Or is it just a high pricing issue? Any informat...
Michelle Norgren
Funding for my first flip
I am new to REI and looking to buy my first flip house. I am only 22 and only have 6 months of credit history so no score yet. I don’t qualify for traditional lending I without a co-sign and I don’t have a ton of liqu...
Ron Szmik
First Investment - a win and is still a success!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $26,000
Purchased single family via MLS in great shape - newer roof, newer HVAC system, well...
Mitch H.
"Delayed" Financing in Iowa? (Not Cash out Refi)
Delayed financing allows a buyer the competitive advantage of an all cash offer, while then almost immediately refinancing into a conventional mortgage to return their cash. Typically lenders call his a "cash out ref...
Adonis Romo
Urban Policy and Planning degree VS Real Estate degree ?
I am curious to know an understand a little better which degree would help me in the long term understand the profession better and have a better advantage long term. I can always minor in either one or major in eithe...
Brandon Green
2 for 1 single family investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $62,000
Cash invested: $2,500
Single Family home purchased with 20K in equity at closing. Property was a foreclosed...