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20 October 2018 | 2 replies
Thanks in advance for the feedback!
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10 November 2018 | 11 replies
Is your desire to finance 100% because it genuinely works and makes sense or because you don't have patience and discipline to get a down payment.If you finance 100% and are in a position where you need to sell it sooner than later but have little equity, you will probably have to come up with cash to sell it off after all costs involved with selling.
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30 October 2018 | 4 replies
What I have found when speaking to attorneys on 1st position notes and getting a deficiency judgement is it can cost $1,000 - $3,000 to get the judgement, and unless they have other properties as collateral your chances of seeing that $ is slim to none and slim left town or you hope slim hits Powerball or megamillions.
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23 October 2018 | 7 replies
Negotiate from a position of financial strength!
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22 October 2018 | 60 replies
., you are putting yourself in very precarious position if anything goes wrong and you have deployed ALL of your capital (plus some in this case).
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20 January 2019 | 5 replies
Greatly appreciate any resources or feedback you might have in how I can work on building my networking and conversation skills and just generally get outside my comfort zone.
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27 January 2019 | 24 replies
We are in 2nd position on the home.
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22 October 2018 | 13 replies
If you don't have a solid W-2 job right now, maybe this is the time to get one - I'm not sure if being an agent would get you the funds you need to make some real estate deals.I would not just dump everything right into real estate - it's just too risky of a plan because if something goes wrong, you're not going to have the funds to get back into a good position.
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7 November 2018 | 12 replies
Then make sure to get a down payment big enough to cover what you think the risk is.Not that I would ever hope someone can't end up buying, but if the lease expires and they cannot buy, position yourself in a good position at the end of the lease.In Wisconsin, I use addendum "O" an early occupancy agreement.
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23 October 2018 | 6 replies
I only have experience with 1st position loans where the borrower files BK 13 so I don't know much about 2nds in BKs.