Patrick Philip
Anyone ever took out a HELOC to cover the down payment on a HML?
Have you ever known this strategy to be successful? This way, I could be flipping million dollar houses with greater profit margins and less competition from the amateurs.
Account Closed
Finditandfundit.com
Hello,
Since I started investing, I have allowed myself to be the recipient of many gurus and people trying to sell mentoring programs and other services aimed at newby investors. Some I have found very helpful, and ...
Joseph Weisenbloom
Tenant signed lease but wont pay deposit
Recently a perspective tenant found a loophole in my lease after it was signed. It states that the deposit will be "paid before move in" To this effect the tenant could pay the day before move in leaving me waiting we...
Omar Barazi
Wholesaling - Proof of Funds
I’m looking to break into REI with wholesale deals as a way to raise capital for personal investment properties. When it comes to getting a seller to sign a purchase agreement, how are wholesalers showing POF even tho...
Phil M.
REO offer procedure questions
My partner and I spent all of our saturday searching local REO properties in our area. All together we looked at 28 of them mostly semi-attached, single-family or 2 family homes. Now, we got out of the car, checked th...
Uwe S.
Now I need your advice
Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
Monica Breckenridge
How are you finding your deals? Lets Brainstorm on what's working
I wanted to get a topic started where we can all share where you are finding your deals. We are all seeing the MLS is not working. I'll start by going over how I'm finding my deals:
1. Direct Mail Marketing to NED ...
Leslie L.
Questions on how commercial differs from residential.
Hi everyone,
I have a good understanding of how residential RE works and how to go about purchasing but I would really like to know more about commercial.
I know with residential when you are working with an agent, ...
Cal C.
Virtual assistance
In the latest podcast @j Scott mentioned he had lunch with another investor who uses virtual assistance extensively. I'm curious if anyone else uses virtual assistance and if so how?
Account Closed
SUB2/WRAP DEALS = GOING TO PRISON!!? :(
Hey BP,I'm in FL and am fascinated by sub2 deals with wrap mortgages. I am wanting to utilize this as a way to invest and add to my portfolio. So I was talking with an attorney and he mentioned equity skimming laws ...