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Hey all,I'm looking into assuming the mortgage on my sisters house and am struggling to figure out how to finance the equity that I would have to come up with to make the deal work. Some details on the deal below:Mort...
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How does everyone feel about fha loans? Here's my plan. I want to get an FHA loan to buy a duplex. Live in one half, rent the other half out. I have not made any moves yet. What's my first step? Go to my bank and get ...
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I have 9 properties. 6 with note from private investors, 1 with wellsfargo, and 2 I own outright. Can I take money out or someone leverage the two properties I own? Like a Heloc for investment property?
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I'm looking at using hard money for the first time. I've reviewed the list list on BP for HM lenders in Atlanta, and frankly the reviews on BP are not that good for many of those companies. I've come across a number...
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Hello there,I was just looking for some opinions on borrowing against my annuity to invest in a duplex. I’d like to use a 203k loan so I can put 3.5% down. I know this means I will need reserves too. A follow up quest...
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Hi Biggerpockets
I'm planning to purchase 5 units property in Reading,PA or Philadelphia,PA in the next 2,3 months.
I have 2 options that I'm still thinking which one will be the best for me , now I'm in a place whe...
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I have received word that borrower who defaulted on loan has accepted my proposal for a deed in lieu of foreclosure. Attorney is initiating the documents next week (after labor day weekend). Does anyone know if I have...
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Here's a great blog post that I thought everyone should check out:
http://www.themortgagereports.com/2008/09/theres-only-an.html
It analyzes the number of rate sheets issued per mo...
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Hello Everyone,
My name is John Worley. I'm new to the forum and wanted to introduce myself. I am a mortgage broker working with a company called Apex Mortgage. We offer a wide range of residential and commercial lo...
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I am try to get in to real estate investing and more specifically Fix and Flipping. I have good credit (but have a few loans) and I have the construction background to complete the majority of the fix up myself (the s...