Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
3 January 2025 | 42 replies
Has anyone done any of the individual asset syndications or only the funds?
Jason Seay
what to do when a couple splits up and one stays in the property?
18 December 2024 | 9 replies
They can work out that payment situation..... who is paying what/when/how... not my problem The deposit is on the property, not the individual.... its stays with the property- if the "move out person" wants their portion now, they can get it from the "stay person" and the "stay" will get the full amount at move out.
Virginia VanOeveren
As a PML, you should....
19 December 2024 | 9 replies
Yes, because Private Money infers that you are in a negotiable deal where your project can be outside the box and you can negotiate unique terms with a private individual - that - or a big box lender with strict rules and guidelines.
Maynhia Stott
state that offer OTC tax liens and deed
18 December 2024 | 20 replies
I started the tax lien foreclosure and the owner redeemed with about 2 weeks to go.You have to look at each county individually to see;Do they sell OTC liens/certificatesIf they do sell OTC, do they sell OTC all year long or only in a special OTC auctionIn Florida, counties that offer OTC certificates, you can earn the full annual 18% (1.5% per month).
Sam Chainani
Buying defaulted mortgage notes directly from banks
17 December 2024 | 42 replies
The trustee, borrower or bank can ensure you get your hand slapped hard for approaching the circumstance as a work-out or foreclosure fix it guy without a license or being an attorney.Let's say that we can approach the owner and be in compliance, which you can.You will not purchase a note as an individual investor from a bank that has started foreclosure by making an offer like that.You get a request from the borrower for the bank to sell the note in lieu of payoff as demanded.
Rae Chris
Advise on first flip, loans, contractors
18 December 2024 | 7 replies
I wouldn't say impossible as any individual can loan you money at the end of the day as a private lender, but most lenders won't even go to 0% with experience.
Jake Baker
Co-Living (rent by the room) BRRRR
11 December 2024 | 10 replies
While I agree the rent by the room strategy can be great if you know how to manage it well, from a lending perspective, a lot of 30 year DSCR note buyers won't allow properties with individual room leases, so it could make refinancing more challenging.
Jacob Thorpe
Criminals, transients, convicts, burglary, fraud, deception, manipulation, squatting
28 December 2024 | 8 replies
This metric does not work, if trust falls out of place, and faith falls from the team and rests then on individual greed.
Bruce Lynn
BIG MISTAKE....in Tiburon-Marin County. Investor bought the HOA pool.
17 December 2024 | 13 replies
Any individual would be out their real estate.
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.