Hello fellow BP's. I need some advice, looking to purchase 2 single family properties with real good cash flow. Owner is good friend, and giving me a great deal on both properties. My goal is to purchase then turn aro...
I'm looking for help from anyone who may have a contact at DiTech. I bought a mobile home foreclosure on land a year ago. The original mortgage was with green tree which is now DiTech. The previous owners then refi...
Who is late on their payments and what does it mean for the housing market? In 2008 the housing market crashed due to the high level of leverage, but laws have been enacted to prevent that from happening again. Right?...
What are the closing costs involved with seller financing, if any?
If I get a property under contract that has a mortgage. Is that mortgage then in my name? Who's responsible for the mortgage and will the lender allow the sale of the property with a mortgage on it. Thanks for the hel...
Does anyone have experience using modular homes on lots?
Have tenants renting our old new mexico home currently, but charge them the exact mortgage, so there is no current flow. How would we go about getting that mortgage down to keep rent at same rate, and start to profit ...
Hello! Simple question: Rent it out or sell? $100K equity, likely to be cash positive by a little! Has anyone had any success at this technique?
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $243,000
Cash invested: $62,500
Triplex, each unit is 2 bedroom and 1 bath
What made you intereste...
Hey beautiful people!! 2 siblings, 1 house, 1 wants to sell, and the other doesn't!! They own the house 50/50. Its a 4 bedroom, 2 bath home in excellent condition. The person who contacted me wants to sell the house a...