The software for this is typically enterprise as there are not a lot of note investors and thus not a huge demand for software especially when using a servicer.

Typically has a balloon payment due in 6-12 months, so you need to ensure you're ready to get it rehabbed and sold (or refinanced) quickly.

Typically HELOC is much cheaper than hard money.

Lenders typically require at least 15-20% down for multifamily properties, depending on the specifics of the deal.

Hey @Victor So - We typically use MG granite who works out of the Chicago suburb Elk Groove as well.I'll share their contact info in a PM.

There are plenty of such service providers available, though they typically charge 10-20% of the gross rent.

Hi Evan,Yes, in most short sales, the lender typically pays the buyer’s real estate agent’s commission, but this varies by lender and specific circumstances.

These deals typically require larger cash outlays (50k-100k) per deal minimums.

@Melissa SejourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

In 2020, it came to a near complete stop.Banks go through the foreclosure process typically taking 4-8 months.