9 January 2015 | 4 replies
Me either...I do nothing in California and I do not wholesale properties in the "traditional" bigger-pocket verbage but here is what a quick google search produced for California and the reason MOST title companies will not allow you to be on the HUD without having a broker's license (agent's get paid through brokers).Source: http://www.leginfo.ca.gov/cgi-bin/displaycode?
13 January 2015 | 6 replies
You don't have the same protections as you do if you're doing a traditional type sale.I haven't been to auction.com in a couple of years but they are very good at driving the price up as high as they can.
9 March 2015 | 12 replies
I've called some traditional banks and it seems that nobody likes this plan.
1 April 2016 | 3 replies
I want to purchase a triplex in Oregon that is going to auction. There is a 6 month redemption period. Can I refinance out of a hard money loan during this 6 months?
11 April 2016 | 26 replies
My thinking is that the appraiser could confirm the exact market value of the house so we can know for certain if we are getting a good deal, even though it would not be required since we are not financing through a traditional mortgage.
13 April 2016 | 23 replies
The biggest draw to me when I started buying non-performing notes is that I had enough savings to buy them cash, since being an immigrant I didn't have any credit so I couldn't borrow and buy rentals the traditional way.
1 March 2016 | 1 reply
Hello All,I am expecting to close on my first rental property in 2 weeks and I am extremely excited but i do have a question for you all that are more experienced with buying rentals. I am currently buying my rental t...
17 March 2016 | 20 replies
The traditional vacation rental areas are always great (PCB, Destin, etc.), but they also may be starting to get saturated.
5 March 2016 | 21 replies
I read a few posts regarding a Self Directed IRA/401k, but it seems that maybe that is a better strategy if I already have more money in my IRA/401k?
3 March 2016 | 1 reply
(I include this only because I wonder if its relevant) Ive been listening to BP podcasts and wonder , should I only look at homes in foreclosure (what is an REO) what is considered a good deal on a home Im about to purchase (do I look at the sales of the other homes on the block) Should I stick with neighborhoods only or do i go after a bargain thats sits alone out in the country(Is there a large market for those that want to live away from traditional neighborhood) What about these auctions at the courthouse...buying the house with a cashiers check?