Joe Sullivan
My Horrible Experience with Ron LeGrand's Financial Freedom
20 December 2024 | 20 replies
If you do the math the pyramid business model is mathematically flawed.
Matt Wan
Does paying off a mortgage early affect future loans?
2 December 2024 | 6 replies
The vast majority of "regular" or traditional (Conv/Govt) mortgages are originated by specialty lenders and brokers and are sold in the secondary market to provide yield on bank balance sheets (think Chase or BoA) or to be securitized into MBS.
Kevin Prasad
Seller Financing: need advice on how to pitch
9 December 2024 | 5 replies
I probably wouldn’t mention your third point - it makes it sound like you expect them to hold this note forever and I’m not very certain, but I’m guessing there isn’t a huge market for $100k secondary notes.Have you considered asking them to finance 90-100% for a short period of time so you can rehab and refi at a higher valuation?
James Wise
Failed Leadership is why California is on fire.
22 January 2025 | 139 replies
So, as I said so many times; the math doesn't math, among a whole slew of other reasons IT'S NOT GONNA HAPPEN.
Tom Pappas
Future Housing: An Analysis of Container Home Senior Housing
19 December 2024 | 8 replies
My fast math, is I can invest in 350 unit apartment complex.
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
20 December 2024 | 22 replies
Putting aside AshCracks utter disdain for the LP investors, anyone willing to invest with them, FUND 3, given their current/recent track record needs to visit with a psychiatrist and also an elementary school math teacher to start with.
Dan Ross
Is the Pace Morby Subto program worth 10,000 dollars?
31 December 2024 | 41 replies
I said that buying off the MLS at full cost, using secondary lenders for the down payment, closing costs and cash out was foolhardy.
Stephen Smith
Looking to invest in multifamily in Reno / Sparks NV
27 November 2024 | 10 replies
While the math per door is roughly the same, my thought is that I will have more doors still rented while I renovate one, and the overall costs for maintenance is roughly the same.
Sam Desmond
Secondary home with small garage/room rental better than investment property strategy
24 November 2024 | 1 reply
This would be purchased as a primary home and then probably turn into a secondary home as their job would probably require a move over the years.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
For example, if the commercial lender caps the % of financing they will lend at 80% of the purchase price, they will have a CLTV limit of 80% as well...meaning no secondary financing would be allowed above 80% even if it's from the seller.