
29 May 2024 | 7 replies
I am a realtor in NY and NJ, and although I don't wholesale most of my deals, I source off market properties to developers and fix/flippers.

30 May 2024 | 47 replies
@Gloria GrotjanHello, Minot is a pretty good city with fair amounts of growth due to the Air Force base here.

29 May 2024 | 3 replies
Oh, and just some quick math if you haven't already done so, your remaining VA qualification through entitlement is calculated by subtracting your original VA loan amount from your first purchase price against $766,550 here in Florida, and that is the maximum purchase price that you can qualify for, with a second VA loan, without having to put extra down payment.

29 May 2024 | 13 replies
But if the amount isn't huge the seller might not mind being in second position on a property they're familiar with.They get the price they wanted.

29 May 2024 | 2 replies
The seller financing portion could be for the full amount, or for a portion of the down payment.I am wondering if anybody has kept the seller in the deal as a JV/Limited partner to help offset their concerns?

30 May 2024 | 63 replies
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27 May 2024 | 8 replies
If you don't hear back in a timely manner (like in two weeks), write another letter and say that you are going to be taking it to small claims court but you are willing to settle for "x" amount out of court.

29 May 2024 | 4 replies
His sub-contractors usually did very poor work, like he and his son did, and we would have to either fix it ourselves or ask them again and again to come back and correct it.

28 May 2024 | 5 replies
Hi - typically Mixed Use properties are going to require a traditional commercial real estate loan from a bank, small balance commercial private lender or for the larger ones a CMBS style loan.However, a newer "DSCR Loan" product for Mixed Use is making a comeback - which is a really great option for smaller properties/more beginner investors since it has all the same trappings as a residential DSCR Loan (30-year fixed, easy qualification, straightforward process) for a property with commercial units.Generally going to be limited to 8 units max and has to be primarily residential in every way (majority residential by units, square footage and rents) but if it fits all that, its a great option

29 May 2024 | 12 replies
Also I'm speaking from experience in losing a significant amount of money trying to do something similar.