Michael Palmer
Reasonable Construction Loan Terms
21 December 2024 | 10 replies
@Michael Palmer Why does the holdback, $498,361 exceed the loan amount of $433,000.00?
Samuel Hudson
Weehawken rent registration
15 January 2025 | 5 replies
Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you .
Mike Conner
Investor wants to trade properties - seeking advice
12 January 2025 | 2 replies
If I was to trade a $300k house for a $310k house that will cost me $10k and $347/month what amount should I ask for to make up for these losses?
Laura Higgs
Lendors for smaller long term deals.
28 January 2025 | 6 replies
I like to find owner finance deals and just finance the down payment for as many years as I can for cash flow.
Rene Dittrich
Seller Financings (seller perspective) - what to look out for
1 February 2025 | 2 replies
We don’t have an immediate need for the cash and current rates are attractive, so would love to hear what the pro/cons of seller financing are in this situation?
Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
Purchase price: $530,000 Cash invested: $100,000 My journey into short-term rentals began after years of investing in long-term properties, but it was a podcast that opened my eyes to the incredible potential returns of STRs.
Kiryl Ulanovich
Help me please to understand this
29 January 2025 | 2 replies
You can also assess a dollar amount that you value the cost of these requests to be, and ask for these as a discount from the purchase price or a concession to you for closing costs.
Matthew Chiarello
First time creating a seller financing offer
30 January 2025 | 3 replies
What you’re suggesting is not cash flow, it’s return of principle, giving her her own money back If she sells with your deal.
Andrew Katz
What is the Process for getting a HELOC on an Investment Property
3 February 2025 | 7 replies
I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.
Ghita Mueller
my second investment
24 January 2025 | 3 replies
Purchase price: $150,000 Cash invested: $60,000 Rented it for $2195.