
15 October 2024 | 4 replies
My situation: I have an FHA loan at about 5.5% and my understanding is that it usually makes sense to refi once rates are about .5% lower than your existing rate, which means I may need another .75 to 1% decrease in the rate.

15 October 2024 | 9 replies
Just a short list its like 50 ways to leave your lover there are 50 gothcas in sub to. 1. the easiest for everyone to understand the sub to violated the Alienation clause in the mortgage or deed of trust and holder of the mortgage DT / Note decides to call the note due and payable and starts a foreclosure. 2. foreclosure started and the person who bought sub to has no means to pay it off or refinance it and the original sellers credit get trashed and if its a deficiency judgement state even on an owner occ like Texas lender sues original seller for the deficiency. 3. this kind of investing or acquiring assets tends to attract those with limited resources so they have no ability to fix things they decide to scale up and then it goes out of control and sellers are really harmed4. deal goes south and original seller sues or files complaint with AG. 5.

15 October 2024 | 1 reply
I started calling other mobile home parks nearby, to get an idea of comparables.

16 October 2024 | 6 replies
Some neighborhoods such as Fishtown, Northern Liberties and the surrounding areas are struggling with absorption because of an influx of new housing that was built over the course of the past few years.

6 October 2024 | 2 replies
During my sport career I did an MBA and after finishing my career I transitioned into real estate investing.

15 October 2024 | 5 replies
As an advisor, I am just giving you my opinion.

15 October 2024 | 2 replies
Ideally, looking for 'standard' contracting for the state that is aligned with local / municipal /state laws pertaining to tenant and landlord regulations.Thank you.Hi Tanya,At the beginning of 2023, I was very close to purchasing an 8-unit deal in Overland Park, which is part of the Kansas City metro area.

5 October 2024 | 11 replies
I have a duplex in northern Detroit, Michigan (near Wayne State) that was recently rehabbed and is fully occupied.

15 October 2024 | 1 reply
The lender of course required this for financing and the seller, out of ignorance I assume, refused to obtain a written notice from the cell tower company. (2) The cell tower was not paying monthly rent but rather paid an upfront payment of $75k for the 41 years remaining on the lease term.