David A.
House on craigslist in Watauga Texas just called owner
I have just started browsing through craigslist to find motivated sellers and so far this is my first call. From my conversation with the owner, he has this house paid off and started at $80k and then $70k. This is pr...
Richard Pennington
Multi family investing with an FHA in DC
Young 24 year old getting into a federal job within a year and I wanted some clarity before I moved way ahead of time on using an FHA loan for a Mutli family home, duplex, or even a 4plex. I understand the market in D...
Account Closed
FHA Loan Or Conventional Bank Loan?
Would it be best for my first deal to be though a FHA Loan Or with a Conventional Bank Loan? I know with a FHA Loan I would have to live in the property for a certain amount of time, plus the Down payment is lower 3.5...
Alex Kenny
Future Planning Advice
Greetings all!My wife and I purchased our first home in Tucson, AZ June 2023. We have no intentions of ever selling, but would like your advice on how we can begin to consider possible exit strategies. The home was pu...
Dan Biga
Owner Financing Advice Needed
I have a 2/2 condo in Gulf Shores, AL that I owe right at 250K...the condo is probably currently worth 115K...I have a potential buyer that is interested in me "owner financing" the deal, and she basically take over m...
Joseph Hernandez
Owner Finance Foreclosure
So, I sold a Parcel in Dec. 2021 using Owner Financing . Title named The buyer as Grantor, Trustee as Myself and Lender as myself. I was told it was much easier to have me as trustee so if I ever need to foreclose I c...
Mark Hu
tax impound account abuse?
Our lender is impounding money for our property tax bill on our new condo. I've been checking up on them, and was recently astounded when they told us they would not be paying our supplemental tax bill (the difference...
M Lindgren
Condo as a rental?
I've found a condo foreclosure that was built in 2003 and sold new for $135,000. The current asking price is $24,500.
Assuming I can't get people lined up all day long to pay $850/mo, is there any reason not to buy ...
Sean Joseph Bates
Wrap Around Wholesale Deal
Hello All,
I have recently come across a Seller whom is allowing her property to go to Foreclosure, due to the stress. I would love to help this person out; however, I feel this deal is above my knowledge level. B...
Jonathan Joyce
Payoff HELOAN used to buy rentals?
Any advice here appreciated. In the last few years I took out a HELOC on my primary residence, used the funds for the down payment on two investment properties, then refinanced the HELOC into a 30 year loan (7/1 ARM) ...