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15 August 2016 | 21 replies
Here is a break down of the lots.17 Spots total which consist of the following.Lot1- Privately owned home collecting $200 lot rentLot2-EMPTYLot3-EMPTYLot4-EMPTYLot4A-Private owned home collecting $200 lot rentLot 5-Home sold on payments with about $15,000 due $200 lot rent plus $350 payment toward the 15KLot 6 Park Owned 70's model collecting $200 lot rent and $225 =$425Lot 7 Park Owned 80's model collecting $200 lot rent and $300 = $500Lot 8 Sold on Payments getting $200 lot rent and $300 toward payment Not sure on balance left.Lot 9 - Vacant-Home owned by park and need fixing up to rent.Lot 10 - Park owned 70's model collecting $200 lot rent and $225 = $425Lot 11 - Private Owned collecting $200 lot rentLot 12 - Vacant-Home there but the people abandoned it.
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14 December 2015 | 10 replies
If you send me a private message I'll try to remember to send you the details when it's confirmed.
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14 December 2015 | 2 replies
Hi Experts,I loaned money to a borrower to purchase a property via a private lending mortgage broker.
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1 February 2016 | 10 replies
Hi Melissa,If you contact me via Private Message I will be happy provide a name for you.
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15 December 2015 | 3 replies
We bought the property with private money (a family members HELOC) and now we are looking to re-fi.
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15 December 2015 | 5 replies
I welcome contact from private lenders or anyone looking for investors like myself.I have followed BiggerPockets for years via the forums and the podcast, and I am happy to begin contributing to this valuable resource!
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15 December 2015 | 6 replies
Opinions public or private are welcome!
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22 December 2015 | 9 replies
You could also invest in a public REITS directly or even a private REIT.
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16 December 2015 | 8 replies
@Brian SinclairI don't know if it fits this low-priced deal is a good fit butI like joint ventures with sellers where 70% of ARV is just too low, so the seller always rejects itSo on alternative is to do a joint venture with the seller, give a note with no payments for four months, now you're on title, you fix it, then resell it, and pay off their note when it resellsExample, $200,000 house, 20,000 in repairs, 70% of ARV minus repairs is 120,000 net to sellerFor the joint venture, figure 10% for resale costs or $20,000, add in $20,000 repair bill, add in $2000 in private lender interest, and a joint venture fee of $10,000 for the real estate investorThis is a better result for the seller, netting the seller $148,000
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20 December 2015 | 5 replies
If the rental properties are holding value and have a strong appraisal value you may be able to get a cash out refi with a private lender.