Todd Douglas
Fix and Flip in Detroit 48213
19 December 2024 | 10 replies
Improved the property from its original state What was the outcome?
Michael Bertsch
Fireplace
21 December 2024 | 14 replies
Originally posted by @David Greene:Can anyone on there provide any figures for converting a standard fireplace to gas?
Kenneth T.
Had anyone heard of Cogo Capital?
19 January 2025 | 26 replies
COGO is legit, but I can beat them usually on origination points.
Brian Rocha
Any experience with HMLs for the purchase only?
10 January 2025 | 21 replies
You will pay origination on the rehab money but that is the extent of it.
Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
They originally wanted 360k, but the mortgage would have the property running negative for the foreseeable future until all renovations are done, which I won't do.
Jaša Rot
Arbitrage in private lending
19 December 2024 | 13 replies
I had to fund well beyond the original note to get the project done.
Scott Gorham
Apartment complex purchase
20 December 2024 | 1 reply
@Scott GorhamSome of the strategies for buying a property if the original mortgage stays in the seller's name would be subject-to or a wraparound mortgage.
Gregory Schwartz
Could Redfin be correct predicting 7% interest rates in 2025?
22 December 2024 | 24 replies
Taking into account home prices and interest rates in 2024, that added cost today would be between $1,800 and $2,800 per year for a typical mortgage holder, Zandi told CNN after updating his original paper’s calculations.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
Originally posted by @Mark Whittlesey: I would get a UPS Store (or similar) box instead of a PO Box.It costs more but is much more flexible (is an actual physical address, can receive UPS and FedEx etc.)I had a PO Box for a while and got rid of it for exactly those reasons.
Joe S.
Buying property with a lease option as an investor
18 December 2024 | 3 replies
One of my original mentors was PRO lease option on the purchase side, however I never felt peace about it.I was always concerned what if something happened to the original seller and they did not cooperate when it came time to exercise the option.