Our first pre-foreclosure deal.
Background:
The seller came to us in response to our mailing campaigns. The seller defaulted on his mortgage, was 8 months behind and had a week until his home was to be sold at auct...
So I’m 21 years old in the navy and just passed my one year mark. I have about $30,000 saved up right now. About $20,000 in a money market savings @.80% and $3,000 in a cert @3.44% (max balance is $3,000). The rest is...
I am trying to get a HELOC on our home. At 85% LTV they say there is $158,000 we could get. But they are asking what the funds will be used for. Searching the web I've read that banks want you to use it on the primary...
An offer was made on our property back in February, it was scheduled to close on the 25th of March. It was pushed back because the buyer needed a co-signer. It looks like it’ll fall through because as I’m told the gov...
I have 2 duplexes under contract.....(right before all the covid 19). Using a conventional loan in KSAnyways I was able to negotiate $12000 for each in repairs to an escrow account. I want to install vinyl siding my...
I'm in the process of buying my first property cash at foreclosure (closing in few days), and my goal is to get as many properties for rent as soon as possible. I read a lot and here is what I understand that would wo...
I’m a new real estate investor who is in the learning/planning phase! I live in Charlotte North Carolina and should I file for a LLC before I purchase my first property? I want to receive the tax benefits and protect ...
Hello everyone,While I understand that number of bedrooms has a bigger impact on your asking price for rent, I am curious how much apartment SQ FOOTAGE is valued. For example, is a 2/1 w larger rooms/open floor plan a...
Im looking at purchasing a SFH using seller financing in Indiana but the seller has a listing broker. Has anyone had experience with this? How do I go about submitting an offer and negotiating financing terms etc? Id ...
Caught by the real estate bug. It all started with rich dad poor dad, since then I’ve consumed numerous hours of BiggerPockets Podcast & Get Rich Education. The ambition is there and to be honest I understand the ...