Hi BP members. Well I have a cash buyer ready to buy a wholesale property now. The property is listed on MLS. Do I just sign an Option Contract with the realtor and then assignment the Option to the cash buyer for my ...
I'm looking at doing a 1031 exchange on a property that I'm selling on a short notice due to an unexpected offer. I nervous about finding the "perfect" investment replacement with only a few weeks to identify the prop...
I was doing a little bit of reading up on the BRRR strategy blog post by Brandon Turner here on BiggerPockets. I'm slightly confused on the refinancing aspect of the strategy. I'll use his example to demonstrate:Let's...
Hey! Is it best to work with a loan officer??What are the pros and cons?What are my other options?
Hi y’all looking for some advice from any friendly loan Officers or other knowledgeable people. I’m refinancing my primary residence to take advantage of lower interest rates. Everything was going fine, closing date i...
Hi everyone
Can someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you w...
I’m looking to break into REI with wholesale deals as a way to raise capital for personal investment properties. When it comes to getting a seller to sign a purchase agreement, how are wholesalers showing POF even tho...
Hi Everyone,
Would anyone know of an exit strategy or heard of exit strategy from other investors of Trada? I am scheduled to close on a property next month from Trada and no longer qualify for the loan since I am s...
My son just (yesterday) bought his first house. It turned out I had to co-sign with him. I was honest and told the loan underwriters that I was picking up a new Tesla this week. They said I couldn't get a new loan,...
Does anyone know of any concerns to look for if a spouse has transferred interest to a spouse via a quitclaim deed? I saw a video that warned of this transaction. It suggest the grantor could still have interest. A...