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I would like to double close a wholesale deal but how could I structure the timeline if I were to market the property on a online public auction? Or how should I go about the closing date on the first contract?
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This question is for those that are able to earn commission (R.E. agents) and buy their own properties.In NC the commission is funded at closing it appears (unlike some states) and I am trying to use it to pay my clos...
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Hey guys, I’ve been approve for a owner occupant loan. I will doing 80-15-5 loan and I’m actually closing in on a cash out refinance for my current multi family home. Is it best to close out my refinance first then go...
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Hi, I was contacted by a private lender here after looking for funds and I engaged him about borrowing $40,000. He claims I need to pay some sort of "loan insurance" fee before transfer of funds to me. Is this normal?...
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Let's say someone has an interest only line of credit secured by investment property, and that line has a $100k limit at 5% (using round numbers for easy math). Bank pays closing costs for the LoC, but borrower is re...
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I recently took out a 30k personal loan to invest with a rental property. I have the rental property locked in including closing cost right at about 30k. The home is rented out and bringing in $625 per month. My payme...
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How do you find a real estate agent to locate properties for you? I wanted to invest in a particular area and I was considering finding a trusted agent to locate MLS expired properties for me and paying them a referra...
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I currently work a W2 job and they are offering a Health Saving Insurance plan starting in September 1st. I am going to close on the sell of a property with a good amount of profit around August 15th. My question is c...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $570,000
Cash invested: $16,500
This property is a triplex that my brother and I are currently house hacking...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Charlotte.
Purchase price: $413,850
Cash invested: $60,000
Duplex - Buy, Fix & Hold Strategy. Living in one side, and ...