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Results (10,000+)
Brett Richardson Multifamily Investing Coaching
7 June 2024 | 24 replies
All...thank you for responding to Brett Richardson's initial question.
John Smith Best Way to Pull Equity Out of Cash Deal - Cash Out Refi, Delayed Finance, DSCR, etc?
5 June 2024 | 2 replies
There's < 2 months of seasoning for the purchase, cash into the deal is ~$975k w/o rehab (minimal planned so far - turnkey), purchased the property for 35-40% below assessed value, 825+ FICO, and would optimally like to pull out $975K-$1.15M of equity.Main scenarios we've thought of to accomplish this are: 1) structure sale of property from SMLLC to self and secure 30-year new purchase financing on deal (unsure if legal and tax implications if above initial cost basis)2) delayed financing (LTV restrictions a concern)3) cash out refi (seasoning concerns)4) DSCR (seasoning and rate competitiveness concerns)5) one of the above plus a HELOC, personal loan, etc.?
Patrick Goswitz Squatters | Utilities | Security System
5 June 2024 | 5 replies
You can't count on believing that the family member will not produce a handwritten lease (real or not), or other paperwork & tactics, to throw a big old wrench in your initial/expected timeline.You CAN expect that if they see you as the big old rich/developer/bad guy enemy, they will do as much damage as they can, and drag their feet as long as possible.See if you can feel out what the relative actually wants/ needs, connect/come prepared with info on resources for local "housing help" options, etc (perhaps), and figure out what you can do to solve the problem (cash for keys with an incentive for quicker move out timeframe?
Engelo Rumora BANGING 💥 6 Unit In Toledo
5 June 2024 | 2 replies
Money partner. 3 year term, 6 points initiation fee and 11% monthly interest (No appraisal or other BS).How did you add value to the deal?
Diana D. Need Advice: HOA & Insurance Challenges with My First Investment Property
5 June 2024 | 2 replies
I have been trying to sell the house for six months, initially listing for 710K, but I haven't received any offers.
Ismael Ayala Jr. Rejected by local mentor
6 June 2024 | 4 replies
The initial investment might be large, but if you can't make that back in a few deals from leveraging the network you might not be in the right position within your business.
Peter Sik Judgement of $200/month and PM took some share and claimed is late fee
5 June 2024 | 2 replies
And they replied:"Hi ,the total judgement not only includes physical damages that you had to pay initially to secure another tenant but also includes outstanding rent balance if any and late fees if any and any other charges that may have been charged against the previous tenant.
Jatinder Saini Anyone has experience with Partner Driven Real Estate Company ??
5 June 2024 | 9 replies
They are asking for some done payment & then monthly payment, which varied from the 2 sales reps, who contacted me. 1st representative $2500 Down and then monthly payments till $10,0002nd representative $1500 Down and then monthly payments till $15,000($5000 higher than the initial offer)How much you can make as a side hustle if you are on a full-time job as well?
Sean Mills New to House Hacking: Seeking Tips for Building a Custom Duplex in Long Island, NY!
5 June 2024 | 4 replies
My initial reason for wanting to do a new consutrcution was because duplex/multifamilies in my area or close to it are around 800k.
Ty Loney Down payments for apartments
5 June 2024 | 6 replies
I have the funds to rehab to get more for rent but not the initial down.