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30 December 2024 | 6 replies
Im looking to secure financing for my real estate business.
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3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
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30 December 2024 | 10 replies
It's not an effective strategy but a lot of investors believe throwing in high end appliances in itself secures a buyer.
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6 January 2025 | 25 replies
I think it would be financial suicide to give up a 500k a year job that you know how to do and is secure to launch into thinking your going to replace it with rental income.. unless your sitting on 5 mil plus in cash with no debt.
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4 January 2025 | 20 replies
* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
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1 January 2025 | 8 replies
The agreement is contingent upon the buyer securing financing which I was not able to do and have provided a denial letter.The seller is requesting money for damages because the appraisal came in at the purchase price but needed a heat installed in the kitchen which the seller agreed to install (Not in writing).
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30 December 2024 | 8 replies
Do you currently have enough funds to pay first month’s rent and a security deposit?
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9 January 2025 | 32 replies
Granted I did work on the RE items throughout the calendar year, but I didn't track the time.
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27 December 2024 | 8 replies
Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.
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21 January 2025 | 14 replies
All mortgages contain a “due on sale clause” which states that the lender may, at its option accelerate (call note due) if a transfer of the property securing the note takes place.