Members looking for some help. I own my house free and clear want to use it to buy rentals and flips. I cant get banks to lend on it. A little background i lost my job in 2009 and have 3 derogatory marks on credit bec...
Last year I bought my first home using a Future Value of Appraised Home - a construction mortgage.It was a 5 BR/1.5B on 0.4 acres (big lot for the area), in the Scranton, PA area that was quite dated and needed a lot ...
I'm a newbie and wanting some guidance on short sales. I've been looking at a few that are posted on MLS. They don't seemed to be reduced hardly enough that I can tell. I am wondering how successful I could be a ...
We are new to Real Estate investment, and just start to learn the market and the analysis process. Interested in one condo, and below is the numbers and info:
- asking price 67k; (just dropped from 72k in May, and has...
I am buying a house with a renter currently in it. He originally was going to move out but now wants to stay for another 5 months. I want to give it to him at his current price for 2 months and then raise the rent ...
I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...
Hi everyone so not sure if this is right place to ask this but does anyone know how credit scores work? I had purchased a property 10 years ago, walked away from it in 2007 after losing job and at that time bank not w...
Hello all,Background:My wife and I were recently walking around one of our favorite neighborhoods and some of our friends gave us some info regarding a house on their street. It has been vacant for 1 year due to a old...
I am currently trying to 1031 exchange a property in NJ that should clear upwards 400-500k that I am looking to invest in multi family in the Midwest (I believe this is the best place to invest for cash flow). I hope ...
I'm new to real estate investing and have been reading and listening to podcasts to learn more. I definitely want to get into it, and wanted to share my thoughts and my plan and get some feedback from those with exper...