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5 December 2024 | 15 replies
So a bit of background. I've been in real estate for almost 17 years. I've been a licensed lender since 2008 and have flipped hundreds of homes. Starting a hard money lending company makes sense to me since I have hun...
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10 December 2024 | 9 replies
I seek these options only after direct communication as well as multiple text messages have not yielded any results.
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20 December 2024 | 27 replies
Readers should seek professional advice.
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5 December 2024 | 8 replies
Seeking either lien in amount of arrears, or refi of each if poss.Approx.
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5 December 2024 | 9 replies
I’ve found a “deal” but I’m having trouble understanding if this is a good fit for me. I’d love to hear some perspectives from more experienced and local investors on what you think about the numbers below:
$130k for...
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9 December 2024 | 6 replies
Seek out the smaller relationship oriented banks in your market and begin borrowing from them even if their terms are slightly less competitive than a bigger bank.
6 December 2024 | 2 replies
I'm seeking opinions and examples of per-square-foot costs for constructing new multi-family developments in NYC.
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5 December 2024 | 5 replies
Hi BP community!I recently completed a major renovation on my property financed through a Fannie Mae HomeStyle Renovation loan, and I'm now looking into options for removing Private Mortgage Insurance (PMI). I’d love ...
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6 December 2024 | 2 replies
So, to find "owner financing" deals...we seek out property owners.
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9 December 2024 | 20 replies
Unfortunately very few who seek out these assets take the time to consider their exit and fail to realize they are the most costly assets to exit, let me explain why: Here's how that disposition process to an owner occupant looks: -You will incur turn over expenses associated with vacating the tenant in preparation of the sale -The natural buyer in this price point is the FHA buyer who will normally seek a 5-6% seller assist -Passing a Section 8 inspection/preparing a home for a low income tenant is very different than the expectations of a home owner, particularly the FHA buyer who cannot afford to take on any deferred maintenance.