1 March 2024 | 6 replies
Banks were pausing on foreclosing during the crash on properties with large hoa balances (they already had too many properties)so the hoa’s were stuck with non paying residents since no one would bid on their hoa foreclosures since they all had upside down underlying mtgs.

1 March 2024 | 4 replies
(Mortgage balance or profit amount don’t matter.).

2 March 2024 | 16 replies
Then a company will have to get a business checking account rather than a "personal" checking account; business account fees are higher, and so are the minimum balances to avoid fees.

2 March 2024 | 43 replies
Check with them if they're using operating partner and/or integrated partner, sometimes stupid issue like property manager can destroy potential investment as well.If you can read company balance sheet or 10K/10Q report, then you may dig dive easily into reading T12.Every Joe during good year can deliver 12% IRR ; but I told you, if you buy duplex on the same year with them, due to long term financing and hgher appreciation of residential asset, you could make 20% IRR above.If you really want syndication, find syndication in industrial space with good sponsor, the volatility in this space is much lower than MF and usually the sponsor is very experienced as well. you can start educating yourself from Aleksey LP education that I shared before, there're few sections there that maybe coming from my idea as well.

1 March 2024 | 4 replies
@Bryant Brislin I plan to take over payments, facilitate the home going on open market and pay off the remaining balance of the loan.

1 March 2024 | 4 replies
Then they still have to pay you the balance owed when they refi after they created a nice spread on your now lower mortgage.4. 30% increase on your profit.

29 February 2024 | 6 replies
If you do not use it simply make larger payments over 6-12 months to lower the overall interest and loan balance.

1 March 2024 | 14 replies
I feel like the contracts are more balanced and fair now, but deals are getting done.If your model is using Big Z data, I would not trust that for a second.

29 February 2024 | 1 reply
Every investor’s goals, resources, and strategy are different, and there is no one-size-fits all solution to market finding.You’ll walk out understanding:How to balance your goals for cash flow and appreciationWhy home prices don’t paint the whole picture for affordabilityHow metrics like the rent-to-income and rent-to-price ratios are similar (and how they aren’t!)

1 March 2024 | 40 replies
Typically the maximum loan is the lesser of $50,000 minus your highest out standing balance in the last 12 months or 50% of your vested account balance.