Hey everyone!I'll be moving to the DFW area within the next couple months and I'm looking to purchase my first home. Preferably we would love to purchase something in Frisco, Mckinney or North Dallas. This will be our...
A prospective buyer wants to get a non-confirming loan (due to attractive 7 year rate). But they want to pay 10K less in purchase price as we are splitting some remodel cost. If the purchase amount is reduced, that wi...
Hey everyone,I have been struggling to figure out how to not over leverage when dealing with 5-10 year loan terms. The FCUs in my area have some solid underwriting practices i.e. lending on appraisal value not sale, e...
Does anyone know a good one? I have one already but maybe there are better ones
Property is REO.
Typical process of REO is foreclosure>>auction>>MLS. No?
Just looking at what would motivate a bank to go to auction after a property is already listed on MLS.
Hello. I am considering investing in a 4 plex or some other type of rental property in the Fresno area. Just wanted to ask if anyone has any experience in the market and if they believe to be a viable place to inves...
I'm wondering... if I get an FHA loan and buy a 4-plex to owner occupy, and if I put another person on the deed who is NOT on the mortgage, would gift taxes be triggered? And if so, how are those calculated? If the 4p...
Hi all,How would you record the "Capital Contributions" to an LLC in the ledger section for the following scenarios: Scenario 1: Let's say the equity in the property is $60K and mortgage is $140K before the transfer. ...
Hey, with all this talk of rising rates and inflation, would one gather it would not be the best time to get into note investing since the money you’ll receive won’t be worth as much OR that since rates are rising, yo...
this would be my first deal and i am not sure if its even worth looking at.listing price is 795,000 (i would offer lower) which is comparable to sfh in the same area.first unit rents at 2400 1b/1bsecond unit rents at ...