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28 June 2024 | 6 replies
The loan officer, the loan process, and the closer all suck.
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28 June 2024 | 5 replies
Then they complain that our process takes too long!
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26 June 2024 | 9 replies
Hello, I'm in a process of selling some portion of my residential real estate portfolio to fund a new commercial opportunity.
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26 June 2024 | 5 replies
I have about $300 on my credit cards (just finally paid them off for the most part, and have about $20,000 limit).My cash on hand is relatively light, but what my plan was was to find some single family homes in the north Detroit area (currently anywhere from $40-$60k and put about $15-20k tops into any repairs or fixes (not looking for total rehabs, mostly something I can do some small repairs here and there and paint, personally I am knowledgeable about renovating up until complex electric and plumbing).
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2 July 2024 | 108 replies
The rest: hiring for acquisitions and dispositions roles, finding qualified and legitimate buyers, building a network in each market (inspectors, realtors, etc), having robust operations and processes in place, all while conducting an honest, reputable business with homeowners is very hard.
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27 June 2024 | 8 replies
I'd really prefer to hear from those that have gone through a similar process as me and get recommendations for lenders to look into?
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28 June 2024 | 100 replies
Quote from @Steven Gesis: Brian, I read an article in Bloomberg the whole premise of the business plan for a particular operator was a "double pop" and a short-term fix and flip strategy all focused on high velocity multiple refinance events, floating adjsutable rate and the hope and faith of continued rent growth coupled with low interest rates in multifamily - I wonder how this is working out for them now.
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26 June 2024 | 5 replies
I plan on getting my realtors license and flipping/ investing into properties.
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29 June 2024 | 10 replies
If you plan to put it on the market, I would say better to do it sooner rather than later.
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26 June 2024 | 28 replies
I'm sure we could all learn a bit from one another, and make some local connections in the process.