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25 January 2025 | 5 replies
He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.
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30 January 2025 | 62 replies
the one situation we do face is sometimes they just leave and go home with no notice..
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29 January 2025 | 5 replies
Hi Robert, your situation sounds exactly like another gentleman I am working with right now and helping with his 1031 strategy and execution.
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24 February 2025 | 26 replies
last thing I would consider for this type of situation would be how are the neighbors?
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8 February 2025 | 12 replies
am in same situation, so asking
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20 January 2025 | 19 replies
Over half of the things you said were literally false accusations based on your emotion on the situation and I’m not entertaining that of course.
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30 January 2025 | 0 replies
.- Creative Financing Solutions:Options like subject-to deals, seller financing, and syndications can lower capital requirements and increase your purchasing power while providing flexibility for properties with complex financial situations.4.
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30 January 2025 | 3 replies
In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.
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28 January 2025 | 9 replies
Perhaps check with a local attorney before proceeding.I realise I left some stuff out in the beginning, but the whole situation in general is just pretty wild.
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12 February 2025 | 20 replies
The deal fell through because I couldn't line up the financing during COVID......God/Universe has a way of looking out for us...As investors, a crucial skill we develop is to take our emotions out of the situation/deal, but that is hard when we have invested a lot of time and money into a deal.