David Lopez
What's the best option for getting a rental to cash flow?
28 November 2017 | 3 replies
The principal for the property currently sits at about $86,820, with an Escrow balance of about $850.This is obviously a very bad deal as it is; my question is what would be the best option to drop the mortgage every month in order to get a positive cash flow, either by refinancing the mortgage, or getting some other loan at a much lower monthly cost?
Joseph Dunphy
Last minute financing fell through
19 January 2020 | 9 replies
The Thanksgiving Holiday and some bad communication played into it.
Dan D.
Everyone is doing it
28 November 2017 | 1 reply
Working on a couple others.About 3-4 years ago, one of my neighbors who knew we rented bought their own townhouse to rent.In the past year, my father-in-law bought two different rental properties.My MIL (they are divorced) and her husband are looking to buy a rental property now.My neighbor in the last week mentioned they are now buying a condo to rent.When this many people in your circle of acquaintances jump into being landlords, is this a good sign or bad?
Wendy Carpenter
Is my realtor right or am I? Analysis critique!
6 December 2017 | 37 replies
But it doens’t sound like she believes they are accurate.I had read that some realtors will throw bad deals at you to see if you are educated enough to know they are bad and/or to see how serious you are about buying.
John M.
who makes more $ investor or Turnkey provider / Property manager
29 November 2017 | 8 replies
It isn't bad or good, it all depends on a persons goals and level of involvement, or lack of involvement, that they want.
Brian Chase
Dane Reynolds
Temple, TX - Looking for a Rehab Contractor
4 December 2017 | 2 replies
It's not in too bad shape, but was a smoker's house and hasn't had any cleaning done in years.Based on a quick walk-through I'm looking at internal painting, minimal external painting, carpet replaced (or removed to get to the hardwood floors where possible), a bunch of minor repairs to things like gutters/eaves/etc.In a perfect world, this relationship would continue to care for the property as issues occur in the future.
Lauren Gilliard
How Do My Partner and I Both Have Visibility To Profits/Expenses?
15 December 2017 | 5 replies
In my opinion, it's not bad if you don't mind the added headache.Few other options are a Trust, LLP, LLC owned by your LLC and your Partner's LLC.I strongly recommend that you consult with a lawyer.
Bryan Miller
Borrower about to loose house - Creative Financing Ideas Needed
4 December 2017 | 45 replies
The rate is 3.74% so it's hard to beat that if he refinances now, with bad credit.
Emilio Basa
Need a local MI private money lender architect for help on a deal
12 December 2017 | 11 replies
sorry wording bad is this the house i helped you find lol owner finance it to me at 7 percent lol