Tim W.
Invest for Cash Flow or Appreciation- Which do you favor more?
22 December 2024 | 7 replies
Once its approved it will be worth about 100 million. and the 10k a month is all principal there is no interest carry.. so been it it 15 years already..
Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home 7 mil credit line ... new budget for each plan that has been pre appraised in the MAI at the beginning of the project.. they did have to update the Mai last summer but again did it at their cost not mine.. banks have to paper their files.. even though we are selling the same floor plans for 100k more per plan than the original numbers came it at and bank has been paid and has all the closing statements showing this data..
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
I said no but it maybe cost you 50 bucks a month other wise your tenant is paying off your principal and 3 to 5 years goes aweful quick then you own it free and clear and you just put 10% down and tenant paid of the rest what are you really going to do with 100 a month anyway... it was funny that was a hard sell. but I can tell you I did about 50 of the no interest and as they paid off you talk about a happy buyer getting their reconveyance deed in such a short amount of time..
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Pacer.com is for researching if someone has filed bankruptcy or not.
Brynn Walden
Feed back on Syndicators.
17 December 2024 | 2 replies
Good Morning AllI am still working on transitioning from an active real estate investor ( SFR portfolio ) to passive investing.I have invested in one MF syndication with Vanamor in California.I flew down and met with the principal and toured the property and a numbe r of comps.Bobby was great and I am hopeful that it will turn out great.Now I have to place more $$ in January and was hoping to get feedback from members on a couple of syndicators.1,Sunrise Capital Investors (Kevin Bupp ).Mobil Home Park funds.2.
Kmsuea Abdei
Should I sign an exclusive agreement with agent?
30 December 2024 | 12 replies
The department of justice filed a request to eliminate the comp agreement requirement due to possible anti trust violations.
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
The principal has hired an attorney years ago not sure what she has done.
Yonathan Cabrera
Locating Gap Funders?
22 December 2024 | 7 replies
This gives them significant control and security.Joint Venture Agreement with Personal Guarantee: We establish a Joint Venture (JV) agreement that includes a personal guarantee, providing an additional layer of security for our investors.Memorandum Filing: We file a memorandum in the county where the property is located.
Keith Miller
How to skip trace LLCs?
23 December 2024 | 8 replies
Hey Keith,Usually, LLC's have to file contact information with the state, either an email or a phone number.
Reeti Peshawaria
STR regulations for a new market
29 December 2024 | 11 replies
Obviously do your own research before asking people on Facebook, but just another way to connect with hosts and see what they do and how they file those STR taxes and maybe some additional helpful info.