Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
You probably already know in your heart which direction you want to go and may be looking for some justification.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Prior, she served as the Senior Vice President of the Purchased Asset Division for Wintrust Financial Corporation, managing the First Chicago Bank & Trust portfolio acquired from the FDIC.More important than all of her senior leadership roles is her heart.
Sam Lewis
Why would hard money lenders trust someone they don't know?
2 December 2024 | 10 replies
Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.
Jahl Brown
Double Closing in NJ
28 November 2024 | 0 replies
I want to keep away from any short cuts , I am not looking to take large cuts from sellers (I’m a true agent at heart and looking to serve my clients) .
Meena R.
Modify ownership of commercial property from personal name to LLC
26 November 2024 | 5 replies
You need to have a heart to heart with them on your needs and plans.
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Originally posted by @Par Attaran:Originally posted by @Jay Hinrichs:@Par Attaran thanks I would not know how to find that.there are people who can make C class work.. but those are locals who do it for a living and they don't hire someone like Morris and their rehab crews to create a rental for them.its unfortunate that those that have fallen for this hyperbole don't chime in more.. but that is the way of the world.AS for nay sayers or experience.. there are tons of experienced folks that came before this dude.. and I have personally seen posts from those that have traveled there looked at the product and neighborhoods and just simply passed on it.. neighborhoods poor.. rehab EXTREMLY poor PM time will tell.. going to be a lot of broken hearts and wallets come out of this operation I can tell you that.Just the IDEA that low end rentals are easier to manage than top end rentals is just so ludicrous I can't believe ONE he makes that statement and TWO anyone would believe it.
Garrett Kula
New Real Estate Investor in Chicagoland Ready to Learn
25 November 2024 | 6 replies
Does anyone have a similar experience of living in the heart of a city but choosing to mostly invest in the urban sprawl outside?
Jonathan Greene
Sometimes What's Standing In Your Way as a New Investor is You
26 November 2024 | 2 replies
You will have a heart attack when you get your first inspection report.
Bruce Lynn
Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
Never had any dramas mate.And back in the day I'd hang in the heart of the Ghetto.Everyone loves Aussie's also so always a good time.Mr Glock was always in my office as it's just to easy that way.Dundee and his knife"You call that a knife mate" haha
Kaitlyn Chami
Condo Investment in Heart of Charlotte
12 November 2024 | 1 reply
This condo is in the heart of a prime neighborhood in Charlotte surrounded by multi million dollar single family homes.