I am closing on a HELOC next week on my primary home with the purpose of using to buy another property. I am looking at a bank owned house for $70000, but i don't want to pay that much. It needs about 20000 of work to...
I would like to put an offer in for a multifamily property that's in a fixer upper condition where the owner is asking above market.My understanding is that the owner may entertain seller financing. So, as the buyer w...
What do I do now? Its a short sale at 1/2 the price of the house for sale next door. I'm in NY, the listing is 4 days old. I'd really really like to get this house. I called listing broker and left a message, how d...
Hello All,
I just finished teaching a real estate investing class in Sonoma County California. The class was an intimate class of 20 or so would be real estate investors.
After the class a student approached me and...
A theme I heard several times at the conference was the notion that some very successful landlords did not ever wish to pay off their mortgages on their rental properties.
Rich Weese also touched on his strategy of b...
Hello,
I've narrowed my search down to Las Vegas and was able to work out a loan. I want to buy a SFR for about 120k as an investment property and put down 60k. I want a 3 bedroom, 2 bathroom. I want to know if this ...
Im new to flipping houses and Im looking to open a LLC and flip the house before the bank actually get the all work together before closing. So my buyer can sign the paperwork at closing...How can I do this? By the wa...
I am in the process of buying my first investment property using VA loan. It will be my primary residence for about 1-2 yrs until I buy the next one therefore I am analyzing it as a rental. Property has been on the m...
Does anyone have experience with a 'Pre-Auction bid' on Auction.com?
Recently I place a 'pre-auction bid' on a home that has an opening bid of $40k, and Auction opens May 18th. I bid once and received an immediate m...
I'm a newbie investor who has been learning a lot by reading many of the forums and listening to the podcasts. I've been searching the web for properties and target areas. Through my searching, I found a foreclosure p...