Hi everyone, newbie investor and new to the community. I have been reading a lot about creative finance and I have some questions specifically related to subject-to deals.I understand the big picture - seller for one ...
I just came across a property in Victorville that I would like to purchase. The details are below: Purchases price: $299KRepair: $10kARV: $400k I am open to flipping this property but also entertaining the idea of doi...
hi,I have a tenant who is constantly late and we are having to threaten eviction and then he borrows from his mom and pays (last 3 times). Well, now it has come to a head and he is late on November rent and has $800 ...
Hi, My property in California, is appraised approx at $320,000 and my 1st balance is approx $360,000. My second is for approx $73,000. I've stopped paying the 2nd and I'm trying for a loan mod on the 1st. Would the 2n...
Assuming good credit and income could I get a mortgage on a rental by using a 401(k) loan as the 20% down payment? What about a private loan from a family member?
Hello All,
I have been looking into DSCR loans and while they seem enticing the 20% down is a bit of a hurdle. Does anyone know if the DSCR can be combined with a 80/10/10 loan to bring down the cost of the 20% or ar...
I've spoke to several lenders at this point and it seems that most will give you 30 years terms but every lender I've spoken with (3 different ones) are all requiring 25% down vs 20% down. Has anyone else seen this? S...
Any investors that work in the South Florida market have any perspective on the market there?
I was reading that while many states have worked through a lot of their foreclosures Florida still has many more propertie...
I have a house that I bought to flip in Durham, NC back in January and ran out of money to finish the renovations. Pretty much all of interior was done minus some paint touch ups, an interior door that needs replacing...
I was listening to a webinar replay that briefly touched on hypothecation to recapitalize from performing notes to increase speed of building a portfolio. It seemed the overall focus of the call was on SDIRAs, but the...