Jacob Turner
Pre-foreclosure Bank and Hedge Fun Tax Lien / Deed sales
29 September 2023 | 6 replies
I think any boasts of "here's how to make $X or X% returns" is crap.
Julia Allred
Trying to get started in Hotels
5 December 2017 | 16 replies
There is everything from ultra luxury full service like the Plaza in New York all the way down to the limited service "bottom of the brand" Knights Inn or the mom and pops that are run by live-in owners.If you purchase a branded or "flagged" property, you will need to comply with the franchise agreement.
Raul Leyte
Real Estate Marketing: How to Increase the Chances of Success
14 March 2016 | 3 replies
Understand the components of awesome copywritingAWAI (the American Writers and Artists Institute) educates their authors to make messages that are helpful, remarkable, ultra-particular and dire.
Arthur Fuller II
Market like a wholesaler
13 August 2020 | 18 replies
I'm not here to sell you anything or boast, if I was full of lies my name would be dragged through the dirt, and anyone knows your network is your net worth.We (my partner and I) exclusively have used that for marketing and have actually turned our dialer off in the last 3 days because we are working on the disposition end of our business.We wholesaled one deal before, for a 5k fee to a dude as kind of a referral.
Ali Sheik
Cap Return on Original Investment
20 July 2016 | 6 replies
Sure, I suppose you could boast that you will be getting a cap rate of 25% in ten years time, vs the 8% you might get with those SAME invested dollars this year, but that's not too different from any compound rate that you will get with interest upon interest, is it?
Mark Nugent
Phoenix software engineer with capital to invest in first 4-plex
11 June 2014 | 18 replies
Sometimes the home is a transitional home for their family and they may use an ARM as well but mostly 30 year fixed for the occupant owner.I just did a VA High Balance 5/1 ARM at 2.875% (prin & Interest) for a veteran and that was a great loan 100% financing at an ultra low payment and VA ARM's unlike other ARM's have a max cap of 1% interest rate adjustment per year in years 6-30 with a cap of 5% above the start (max 7.875% - would take 5 years to get up to this amount in worst case scenario).
Michael Randle
Free and clear property as collateral?
21 February 2017 | 2 replies
Most banks will be ultra conservative with the valuation, as land is not as easily valued as the finished house.Depending on the costs of the project, you may still be required to come up with additional funds.
John Krasner
Mobile home Park sizes in Acreage?
4 January 2018 | 2 replies
Ultra small towns and outside city limits have fewer restrictions (at least here in Texas), but then you get into private utilities with well and septic to service the property, and demand for housing may not be there.
Ken DeGraffenreid
Has anyone used DoHardMoney?
9 April 2018 | 2 replies
I suspect they make a good amount of their revenue on flipping dreamers who risk the 3k.but if you think about it from Do hard monies point of view for sure they are going to be ultra conservative I don't blame them and they are only going to fund screaming deals where the borrower has Zero skin in the game other than the 3k and 600 fee and there are most likely other little fee's like title and escrow.. but show me a beginner who can land screaming deals.. sure some will stumble on them. but in my 40 years of lending HM most beginners have no clue as to what a deal is.and therefore this company is killing it making 3600 on turn downs.. pretty sweet if you can get away with it.
Sumesh Vadassery
Commercial Real Estate - Personal Mortgage is that a possibility?
22 August 2017 | 5 replies
These require a much higher down payment, are harder to get, and have stricter terms such as higher rates and pre-payment penalties ... these are typically used more at the higher end, more experienced investors, larger and more valuable commercial property, more ultra high net worth investors that want leverage but don't want to put their significant assets at risk.