kingston replied to the topic We Need Some Advice in the forum Help Needed! 20 years ago
You may want to see if the owner is open to owner financing so that way you won’t have to borrow as much funds. Also consider doing some no doc/stated income loans to see if that will help you out as well perhaps allowing you access to more funds. If the property your looking at is selling below appraisal value take out the loan based on purchase…[Read more]
kingston replied to the topic Beginners in the forum Help Needed! 20 years ago
After you selected your area of REI
you then have to figure out if your going to flip properties for profit, assume the loan, or outright buy the property. If you are going to purchase make sure your financing is in place so you can move quickly to capitalize on opportunities as they arise. It is also important to know how long you intend to hold…[Read more]