I was wondering how many of you purchase short sales off the MLS to rehab and flip. Up until this point I have been putting offers in on REO's listed on the MLS and I want to increase my ability to purchase propertie...
I’m new to flipping in the Austin market and I found a great deal on a property and wanted to partner with a seasoned local flipper on my first one to learn the ropes. They also wanted me to fund all the cash to close...
Hi there! My fiance is ready to emabark on his first fix and flip, and he's looking at a Hard Money Loan with Lending Home to finance the purchase and renovation. As you all know, these HML loans come with a hefty dow...
I am looking to do a deal on a home worth about $300,000 with an $80,000 mortgage remaining. Is there a way to combine sub-to and seller financing to make this deal work for the seller (assuming the numbers make profi...
When using hard money, how does the down payment work? Given that it's a reno and they seem to lend on ARV, the purchase price of the house is essentially taken care of. Do you then cut a check to the lender at closing?
Looking for some feed back on this proposed scenario below. I its possible to structure a deal like this. Not really asking if its probable but just possible.
Let say you find an apartment complex for $1M, look at th...
Hello!I found a property that needs about $20,000 worth of work and seller is willing to go for my offer of $4,000. ARV lies between $40-$50,000. This will be my first deal. I am having a hard time finding a lender th...
I have a wholesale deal about to fall apart. The seller's mortgage is a private mortgage (1st only) with an old RE agent who is 93. I have the property under contract and it's a good deal (not a great deal) and the mo...
I currently line in Washington state. I bought my house March 2007 as a foreclosure. Then 2008 happened. So here we are in 2017. I owe $240,000 and house is approximately worth $256,000. My daughter graduates high sch...
My husband and I are looking at buying a 4-plex from a friend and would like to present the option of seller financing. I'm a little worried as this is a friend and I've always been warned about the problems of doing...