Kristine Ann
Will the bank show up to the auction if they stopped paying taxes?
18 May 2024 | 9 replies
I wish I could swoop down and rescue this property from this inevitable downward spiral.
Sarah Reece
Looking to Move into the Hard Money Space - Feeling Stuck
6 May 2024 | 37 replies
Quote from @John Mason: Types of investors who want to find hard money lenders include:Investors with high debt-to-income ratiosProperty investors who cannot get a loan from a traditional lender or bankInvestment property developers who need fast access to fundsCommercial property developers who need a bridge loan but cannot get one from a traditional bankSometimes, homeowners facing foreclosure may utilize hard money loans to avoid losing their homes.https://www.biggerpockets.com/blog/how-to-become-a-hard-mone... very rare to have a foreclosure rescue HML for an owner occupant.
Andreas Mueller
Interest Rates are Higher, It’s Been Longer. Lean In.
25 April 2024 | 1 reply
Gen Z to the Rescue?
Scott Trench
Rescue Preferred Equity?
23 April 2024 | 30 replies
They are getting beat up in the forums here.However, I wonder if their investors, though angry now, will in time greatly prefer this approach to the extend and pretend approach of those raising rescue preferred equity, or those calling more capital on deals that have little to no equity in them, even after the call.
Account Closed
Ashcroft capital - Paused Distributions
29 April 2024 | 248 replies
Those who will feel the CRE pain, but not get the pleasure of the rescue?
Account Closed
Using Subject To, to Get "Free" Properties This Is Where The Deals Are
19 April 2024 | 1 reply
If you promise them a "rescue" and you don't get it done before the foreclosure sale they can sue you and the local authorities can investigate you.7.
Alex SImon
Ohio Cashflow LLC
21 April 2024 | 240 replies
You can always buy more later".Over the years I have witnessed many investors getting caught.Some expected over night success by owning 1 property.Others over leveraged and didn't get the desired returns.And the unfortunate ones had unforeseen circumstances occur and had to sell.I am here to warn all of you that unless you are buying to hold long term (As in 5 years or more).You will probably LOOSE MONEY.Yes, you will LOOSE MONEY.It's as simple as that.Also, as much we would love to but the answer is "No".We won't be coming to your rescue anymore like we have done so over the years.Our message to all has always been clear but for whatever reason many have failed to hear it.Before you invest, make sure that you're finances are in great order as I have mentioned above.Make sure that you have conducted mind boggling due diligence on turnkey investing, the market, provider, their properties and the after service they offer.Only invest when you are 100% comfortable and confident in taking the next step.For all that invest with Ohio Cashflow and decide to sell 1-2 years later.Sure, we can help you.But at a cost.We will consider buying the property back from you for dirt cheap just like we would with any other distressed asset.Or we will help you with selling the property for a hefty fee.Why are we so harsh?
Don Konipol
Thoughts on “subject to” deal making
18 April 2024 | 15 replies
When we did this and we did a lot of is through pre foreclosure rescues before the laws changed in 08 basically making it illegal WA OR ..
Jessie Cervantes
Best approach for foreclosure?
8 April 2024 | 3 replies
Joel has some valid points but, if you start talking about foreclosure rescue, you might want to check with the laws of your state regarding licensure requirements as a foreclosure consultant.
Jake Mercer
Do's & Don'ts! Rental Arbitrage as a strategy to get started in RE with today's rates
28 March 2024 | 11 replies
RA to the rescue... has the house been on the market for 2 years because the purchase price is too high?