Justin Scurry
wholesaling
16 May 2015 | 4 replies
Before you go and spend hundreds and thousands (literally) of dollars you need to educate yourself on what sort of leads you are looking for.
Ibrahim Hughes
Rehab Journal: Joralemon St. Project (Ride Along)
27 November 2015 | 52 replies
Which is sort of small anyway.
Account Closed
"Cash" Confusion
17 May 2015 | 9 replies
Sometimes folks try to make it complicated by trying to equate some sort of financing with cash.When making cash offers you are expected to actually have that cash in a bank account with the same name as on the offer.
Account Closed
Rental Applicant Refuses to Provide Credit Bureau with his SS#
18 May 2015 | 11 replies
Jeremy, i simply don't want the liability of potentially being personally accused of 'id theft' and the likes of 'negligent enablement' thereof in today's highly litigious America where it seems like 50% americans are prescribed some sort of psychiatrics drugs and the other half on recreational ones; and the average civilian being practically a professional 'crisis actor'. frankly, and im not even kidding, 10-20 years ago it used to be that young adults wanted to be rock stars. now its practically like every one wants to be 'lawyer'?
Joe Conklin
Deal - Need Advice
17 May 2015 | 4 replies
I have private money lending at 6% that will fund the rehab and I want to ensure that I am calculating this correctly.Rent - Mortgage - Insurance - Tax - Vacancy(10%) - Maintenance(10%)1350 - 440 - 50 - 210 - 135 - 135 = + 380Cash on Cash return (initial):380x12 = 4,560 / 40,000 (down-payment + rehab) = 11.4%Cash on Cash return (after rehab and appraised at 120k) New Cash Flow using refinancing with 80/20 conventional:1350 - 530 - 50 - 210 - 135 - 135 = +290290x12 = 3480 (per year)Total Cash invested:Down Payment + Interest to Private Lender + Cost to refinance (4% of remaining principal) 24,000+1,200+ 3850 = 29,050New Cash on Cash: 3480 / 29050 = 11.9%Major concerns are not knowing which way the area is trending and not getting any sort of discount on the rehab.Any input would be greatly appreciated.
Ess Dee
Refinancing a balloon as a foreign investor
27 April 2018 | 11 replies
It looks like that is not easy neither for foreigners but I will sort it out.Thanks for advice Lucas.
Sarah Miller
Tenant thinks his lease was void when we bought the property
18 May 2015 | 14 replies
He is breaking his lease a month early and wants his security deposit back because he thinks that when we purchased the property that his lease was void, and NO his lease says nothing of the sort, he just thinks that's how things work.
Joe Lopez
What are the options to help someone in trouble?
18 May 2015 | 1 reply
- Are there Lenders that offer assistance with this sort of situation?
Liam Weld
Airbnb Rental Business
16 December 2016 | 4 replies
Dose this require a license of some sort per state?
Mary lou L.
Going to attend the SuccessPath Seminar with Flip or Flop's Tarek and Christina El Moussa Has anyone ever been?
10 May 2017 | 58 replies
your correct there are about 12 companies that support all manner of this type of business most located in Utah... this is the way the business has always run from the days of Carlton sheets dave del dotto and all sorts of other motivational type speakers and presenters in many different fields.