Account Closed
Foreclosure Addendum doesn't allow extra funds?
Anyone run across this? I'm purchasing a foreclosure, but ran across this paragraph in the addendum. So, how do i get additional funds for renovations?I hope you can read the small print!!
Zulu Black
Commerical Lender - 10% down
Hi all, I'm considering a portfolio of four single-family properties in New York, with the seller asking $1.27M. The gross income is $149K, and expenses are $55K. I believe these properties will cash flow well, but I ...
Uriah D.
Raleigh, North Carolina BRRRR lender
Anybody in Raleigh / Durham have a great lender that can handle a brrrr property? I am actively looking to move some of my flips into rentals after rehab is complete. Ideally, this would happen in 3 months after purch...
Treza Edwards
New Construction Decatur, AL
I have 2 empty lots that I want to build 2 rental properties on in Decatur, AL, but there is not a lot of new construction in the area. I am not sure how to analyze the numbers. I probably can get 1500-1800 per month ...
Sarah Jones
Subject To Purchase ... How To Guide
I'm in Los Angeles, CA trying to get a subject to done. I was wondering what are all the forms I need the seller to sign. I know i have to get a title company to check the title before I close but what are all the for...
Hunter Ross
BRRRR & Refi Dollars
I’m sure most of you have seen the recent article about the BRRRR method. In case you didn’t this is the article I’m referring to:https://www.biggerpockets.com/renewsblog/40000-brrrr-real-estate-investment/?utm_sourc...
Khanh Tran
Foreclosure Lien order priority
Hi,I am new to foreclosure investing, and i tried to analyze and study the title search. Here is the situation:1) Buyer bought a property and have two mortgages (Deed of Trusts) on the property from the same lender2)...
D G
DIY fixer upper -- finding the right lender
Hello all,
I'm new to real estate, but am anxious to get into it. I'm looking for my 1st property and am interested in a fixer upper. I know theres a debate as to whether its worth it to do your own work, or hire a...
Cameron Rouse
Financing for Newly Self-Employed
I'm looking to purchase rental properties but have been self-employed for the past year and have been told by 1 lender than there is a 2 year minimum. I'm a RE Appraiser and have been this for 5 years.
I'm curious h...
Jacob Claxton
LLC and Hard Money Loans
QUESTION: I keep hearing about using hard money to help fund projects when you aren't able to get a conventional loan. Looking into it, I see most hard money lenders will only lend to LLC's or other corporations, and...