Jomondre Frink
Feedback Requested on Owner Finance Offer in Oklahoma - $160K SFR
18 October 2018 | 5 replies
List price: $155k Zestimate: $160k Rental Estimates: $1000-1200Offer Strategy 1: Subject To (depending on what I find out about underlying debt, payment and willingness to keep mortgage in their name)Offer Strategy 2: Lease Option (with right to sublet)Offer Strategy 3: Wrap Mortgage (then after seasoning connect them with a note purchaser if the wrap could be setup in a marketable way where this works for the seller and note buyer)Thoughts?
Marsha A. McPhee
A new member question
31 October 2018 | 2 replies
Do some searching on this board to figure out if it's legal in your area, how to split/charge commission, how to protect yourself with a contract, etc.
Kalen Mills
What are the best (legal) skip tracing companies
17 October 2018 | 2 replies
I’ve tried belles link, and a few others. People have recommended TLO but they say it’s illegal to do “marketing calls” when trying to find motivated sellers. I have skip traced hundreds of names and addresses and onl...
Hai Loc
1 Entity 2 properties 2 separate loans
17 October 2018 | 2 replies
I am in the process of refinancing one of the parks which will pay off the debt of that one park and I will have access $$.
Alisha Gilliam
BRRRR Method - Newbie
18 October 2018 | 2 replies
I'm just thinking that you can only do this so many times before the bank is going to say no, you're debt to income ratio is not high enough.
Nancy E Omachi
Flipping Manufactured Homes in Senior Parks!
18 October 2018 | 1 reply
There are over 500 totally legal deductions that businesses can use to your advantage.
Account Closed
How will a real estate market downturn affect Crowdfunding?
16 June 2019 | 13 replies
However, if you are invested in debt in the same deal (especially conservatively underwritten debt) then you can foreclose on the property, and then resell it to recoup your losses… and often get back some or all of your principal.And all equity investments are not the same.
Tony Rodriguez
Quitting my 9-5 soon and looking for banks that refi without W2
18 October 2018 | 30 replies
Once your net rental income is 2.5x your personal housing expense, and you have no other consumer debts, and assuming you are only purchasing cashflow positive real estate, you can get a Fannie loan with "Landlord" as your job.
Robert Vorhies
I made my first deal in 2000
27 November 2018 | 1 reply
I went to a few real estate classes on flipping and real estate investments.I know that real estate is the best way to being self-reliant and becoming debt-free.
Martha Lowry
5% Conventional Loan and FHA Loan
17 October 2018 | 2 replies
I spoke with a gentleman that says he wants to be in debt to the tune of 100 million dollars within the next 5 years.