Marco Morkous
Lines of credit to buy RE
Is it very common to use LOCs, whether heloc, business or personal to buy real estate? How many do this regularly? Do you buy with the LOC basically same as cash then ReFi out later to pay back down the LOC? Sorry a l...
Casey Veal
Strategies for down payment
Hey I’m looking to buy my first house, the seller is asking $130,000 and I think I can get the house for $115k based off the comps in the area. I got with a mortgage broker and they told me I would have to put 15% dow...
Raman Saka
Previous owner showed higher rent than County records
Hi
I am in a situation where I need some advice. I recently bought a 2 unit multiplex which has section 8 tenants. This property is in Tarrant county TX. Before closing the previous owner gave us leases and based on...
Collin Corrington
From scratch owner finance deal
Investment Info:
Single-family residence note investment investment.
Purchase price: $61,715
Cash invested: $11,161
Sale price: $115,000
Perfect owner finance deal for my portfolio.
Wha...
April Bellard
Shadowing any construction work...Lake Charles La
Hello I’m April. And I am from Lake Charles, La. I’ve been Positioning myself to get my general contractors license. I’d like to shadow any work or talk with any contractors in my area that are willing. I know it’s a ...
Leroy Feireira-shearin
2nd deal in the books , I swear REI is super addictive !
Investment Info:
Single-family residence wholesale investment in Reading.
Purchase price: $15,000
Sale price: $24,000
2nd deal in the books , I swear REI is super addictive !
How did you fi...
Naji H. Kelley
Back Taxes on a Bank Owned Property
Since everything is negotiable in RE. What's the best way to address previously unpaid taxes on a property without coming out of pocket? Have you seen banks eat back property taxes on a bank-owned property?
Michael Hebron Jr
Purchasing during the Corona Era
Hello everyone. First and foremost I hope everyone is safe and staying at home until this is over. This is my first post ever!! Whoop whoop!! Lol.So we are in the process of purchasing our first rental property. My qu...
Bill Krenz
Owner Financing with my Self Dircted HSA Account
Investment Info:
Single-family residence buy & hold investment in North Pole.
Purchase price: $128,000
Cash invested: $17,000
Bought with seller financing. My Self Directed Health Saving Account ...
James Thompson
What to do next in SW VA
Morning all,
Just looking for thoughts on where to go next. I just purchased two duplexes in Lynchburg, VA with conventional mortgages and a HELOC (primary res) for the down payments. I'd like to continue to levera...