On short sales. What’s more likely to be accepted; higher financed offer or a lower all cash offer? Also generally what % of loan value is the bank looking to recoup? Thx
I’ve done a couple of flips, have had a rental and just completed building my own home. I’ve been studying real estate off and on for awhile and this is the first place I’ve seen the term “house hacking”. Can someone ...
Hello,
I am currently working with a local mortgage company (I have been working with my current house's purchase and refinancing.) for 30 year cash out refinancing options -BRRRR procedure. The current value of the ...
Me and a couple of my buddies were thinking about investing into RE. The subject of what if you had $10,000, how would you invest it/ what would be your next step. Thought it would be interesting to ask this question ...
Hey BP,I own a property free and clear of debt in Columbia, SC. I’d like to look into a HELOC/home equity loan. Does anyone have a go-to local bank or credit union for this? Do they typically loan 70-80%? Just trying ...
I have a duplex in NY that I purchased as a primary/rental about 18 yrs. ago. About 12 years ago I moved out and it became 100% rental.If I sell it now for $700K I can net about $350K after paying off the first and se...
Caveat, I'm very new to this, so please forgive me if this question is confusing. I am working the BRRRR calculator and am talking to hard money lender about a loan for the full purchase AND rehab costs. But the repor...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $60,000
Cash invested: $11,500
Duplex with one bed, one bath each unit. Upper unit has flex space for offic...
Hey BP Heroes!I found this nice little tear down that runs about $15k US asking and would love to turn it into an affordable section 8 house. How do I get started? For example, who can perform loans on section 8? H...