Donald DiBuono
Buying a Trust vs Sub To
23 January 2025 | 7 replies
If the insurance isn't done properly, it's on the edge of impossible to cash the check because it's made out to the lender, my company, and the seller(s).
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.
Collin Luckett
Raising Money / How to Structure
9 January 2025 | 9 replies
I would get an attorney or title company involved to create your loan documents to ensure they comply with the law and cover all the aspects you need.Another method that is likely your best bet to take on investors is to create a joint venture (JV).
Bob Asad
Wouldn't a Subject To Hold the Seller from Moving on?
2 January 2025 | 1 reply
The mortgage would stay under the seller's name.The buyer could then rent out the unit, renovate, etc. to increase cash flow or make more money.But aside from a possible "due on clause" being called by the mortgage company, what's the benefit to the seller?
Treza Edwards
New Construction Rental Property
13 January 2025 | 6 replies
We've built, ground-up, several homes and my mortgage company finances tons of new construction projects.
Melanie Baldridge
My opinion: 401K VS RE
22 January 2025 | 8 replies
That said, if you are working for a company that does not allow real estate in their 401(k) setup (most dont allow) then I can see where you might look at where is best to put my hard earned dollars.
Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
A little background about me, I have just over 200 doors in my current portfolio and our company manages just over 250 doors for third party investors in addition to those.
Luke H.
Would You Do This Deal? Lending Opportunity
29 December 2024 | 12 replies
Key Deal Points:Loan Amount: $88,000Lien Position: 1st position Purchase Price: $120,000Appraised Value: $250,000Interest Rate/Return: 11% annual returnTerm: 5-year balloon (meaning the entire principal and interest must be paid at the end of the term)LTV ratio: 35.2%---Licensed Lending company for contractsRMLO package completed on buyersServicing company for payment
Lisa Oliver
Best advice for finding plumbers, handymen
21 January 2025 | 10 replies
I a new investor who self-manages my property and need some advice.Currently, when there are plumbing issues, I have a plumbing company come to the house and I have to meet them there.
Sendil Thangavelu
Well water and sediment issue , Ocala, FL
3 January 2025 | 0 replies
Can anyone recommend good companies to root cause and implement solution to fix this issue?