Sam Lewis
Why would hard money lenders trust someone they don't know?
2 December 2024 | 10 replies
Its certainly not "guaranteed return" - thats a word to always stay away from in real estate (in finance or even investing in general)high level - its because HMLs are going to be secured by the real estate, meaning in event of default, the lender can get the property to be made whole - somewhat trust is involved, but thats the main mechanism behind it
Andrew Pierce
Doctors Loan/Conventional Loan = You Must Occupy the Property forever?!?
8 December 2024 | 10 replies
Then a couple years later, discovered that a piece of paper was signed at closing which was never read and in fine print says something about the home being owner occupied throughout the duration of the mortgage... wtf?
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
In real life, the portion that goes to principal increases by the same amount that the interest due decreases.Credentials don't seem to matter in this thread, so I won't mention the MBA I have with a specialization in finance, or my time spent as a commercial real estate loan servicer.
James Wise
Why do people Buy Property in California
15 January 2025 | 192 replies
I prefer AZ myself personally (lived in Prescott 4 years and Tucson for one and loved both places), but for many people NYC can’t be beat especially if they’re trying to make a name for themselves in careers in finance, art, theatre, music etc. it’s practically a requirement to live there for certain careers.
Paul Merriwether
Has anyone heard of Scott Jelinek and his Slow Flip strategy?
2 December 2024 | 34 replies
They are both paid in full and completely rehabbed from the crawl space to the rooftop.
David To
California call for class action lawsuit on Eviction Moratorium
14 January 2025 | 329 replies
Infinity!!!
Sonu Sundar
Dubai real estate investment
28 November 2024 | 31 replies
SonuI have lived in Final for 6 years.
Bruce Woodruff
New to me - How to handle Buyer's agent now?
21 November 2024 | 6 replies
The last house I sold was last year before the ruling.You are not allowed to mention compemsation of a Buyer Agent anywhere in the listing (according to the warnings) and to do so owill result in fines imposed by the MLS.
Natalie Johnstone
Tax defaulted property auctions
24 November 2024 | 11 replies
Find out about the neighbor having access to the rooftop deck of the auction property.
Frank Underwood
Non-real estate professional in Asheville NC late to the party!
16 November 2024 | 3 replies
I was conflicted on DR's adamant position against leveraged debt, however, having a degree in finance and economics I believed I had well balanced approach.