A week away from closing on our first rental house. $79,500 purchase price, 15% down, $67575 loan, and lender is charging an origination fee of $1400 for 30 years fixed at 5% - wife and I are both around 800 credit s...
I have owned my first property for a year now. It was mostly a cosmetic job, so I haven't gotten into to too much rehab work. So I wanted to reach out to you all for input on this possible project.I was contacted this...
As I’m researching and starting to figure out how I want to go about in REI, I’ve come across the idea of turnkey investing, which unless I’m wrong is purchasing a home for rental that’s already renovated and ready fo...
Hey Guys and Gals,I just wanted to start a poll of sorts. I am interested in how many of you hire an inspector to check out investment properties before you buy? For fix-and-flip, do most folks just ask their general ...
When my husband and I were living in Los Angeles I fell in love with Joshua Tree and the little homesteader cabins out there. We were finishing up DIY remodels of our duplex in LA and fourplex in Pasadena when I pulle...
What are the cons of selling with owner financing vs. Selling conventionally?
I want to try to market to long-term owners of rental properties and see if I can buy some with seller-financing.
Thanks
Hello everyone, I have my friend, also realtor, emailing all the expired MLS listings in our area.
My question is what type of mailing campaign works, this being my first run at serious marketing, I was thinking of...
There's a property I'm interested in where the seller is VERY motivated to sell because she is in jeopardy of a tax foreclosure this coming March. Anyways, she's willing to finance a note for me, with great terms; ho...
I had a group come by this morning to look at a house. They were very normal, polite and no alarm bells went off.
After they left there was a knock on the door a couple of minutes later and it was the husband/boyfrien...
Hi every one. I have a deal I have been working on since October. Loan is with SunTrust (Freddie Mac). My LLC stepped out of the way to let the end buyer buy directly from the bank. Agent is only getting 3% and my ...