Ok so I bought my first rehab and we are all set to close in early February. Time was on my side so I'm just going with a 5% down regular old bank loan. It's gonna cost me about 16k to close, another 15k to rehab + my...
Dateline: Gary,IN (GI, Michael Jackson's birthplace)
I have a brick 4-unit rental property under land contract since 2007 but the owner wants to be bought out ASAP. Sometime around the beginning of 2011 I posted an a...
I'd say that over 60% of the time, the "automated underwriting system" (AUS) only calls for one year of tax returns for self employed persons. Not the two years you read about on google search results from 2+ years ag...
Hi All, I was just reading the "flipping in Washington" post regarding the requirement that the owner of a property intending to fix and flip must have a GC license. I have recently become aware that this is also the ...
I spoke with two different lawyers that do residential real estate seller/buyer representation. They both said that it is common practice that people buy investment properties on their own names, and after a few weeks...
I read these forums almost daily. The education I've received here is amazing and the fact it's free makes it a Godsend. Anyways, my true passion is real estate investing. It's the only thing that interests me in t...
I'm about half way thru listening to podcast 70 on Sub2 financing deals and find it really fascinating. I have a distressed home owner that I was trying to work with a few weeks ago but we couldn't get close on the n...
I am closing on a HELOC next week on my primary home with the purpose of using to buy another property. I am looking at a bank owned house for $70000, but i don't want to pay that much. It needs about 20000 of work to...
I’m starting out in wholesaling in a market close to where I live but I still am a little confused, so when I find a great deal and get it under contract do I have to find a cash buyer or can I market it to home buyer...
I have an offer on a multi family duplex that's been accepted. I just found out that the property is shared by two lots. So there's a total of houses involved. House 1 - 2 bedroom, House 2 duplex, House 3 3 bedrooms. ...