Justin Sutton
Passive Investing in Fix and Flips
28 February 2024 | 5 replies
Because as the lender you are owed the $ and borrrowr can personally guarantee itSay you lend $100k and it sells for $80k and does a $20k loss, you still are owed $100k+ interestIf you split profits, you are out $10k in the same example (assuming losses are split).
Muhammad Soroya
Is 6CAP 4+plex asking too much for in Larger Bay Area++?
29 February 2024 | 9 replies
A person can be selling a property with a NOI of $100k and ask $4m, the CAP rate will reflect that their expectations are too high (for an investor at least) and all the market factors, location, comps, fed rates, will put their expectations on a leash (or justify it).
Yang Zeng
First investment (multi-home) property, close to home or in a cheaper market?
28 February 2024 | 43 replies
I personally like to target tertiary markets 45 min to an hour and a half outside of a major metropolitian area with a large supply of multifamily.
Account Closed
Choosing the right market to start
27 February 2024 | 30 replies
The person working out of Dallas has been able to actually do full BRRR with a full cash out refinance on his deals.
Jonathan Perez
Limitless Funding Source? Unsecured loans? Pros and cons?
28 February 2024 | 19 replies
I did not give them personal information and would suggest others not to as well.
Rylan Zwanziger
Wealth Ability- formerly ProVision - Tom Wheelwright
28 February 2024 | 63 replies
Each session focused on a different aspect of building our own personal wealth strategy.
Alex Clark
20 yr old debating house hacking or buying property out of state?
29 February 2024 | 28 replies
A HH lowers living expenses (which is usually a person’s biggest expense)—living in the smallest room in your own house might only cost you $500 per month, whereas renting an apartment might cost $1,000-2,000+ per month (not to mention the $500/mo you spend to live in your own house is partially paying off your mortgage, whereas the money you spend on rent is gone forever).
Brian King
Insurance companies for rentals
25 February 2024 | 3 replies
The buildings need some TLC, but nothing major in my eyes.
Dan C.
Ideas for a flood expert to look at wetlands surrounding property?
28 February 2024 | 3 replies
This person / company was frequently well known by the Department of Environmental Quality, and may have been employed by them prior to their striking out and forming their own wetland consulting company.
Zachary Petrak
Complete novice question
28 February 2024 | 9 replies
I personally wouldn’t rely on monthly cash flow to “save up” for that balloon payment either.