John Oyedele
My Plan To Get Started
5 February 2016 | 5 replies
Currently living in apartmentWorking full time as a management consultant and also in grad schoolLiving below our means and currently building savings for emergency fundsBlessed with a promotion that will allow us to build savings at a faster rateEstimate to have $30k in savings in 12 months time (depending on how well I control my Chipotle cravings :) )Plan for first property acquisitionfirst property will be primary residenceFind distressed / REO property (4/2/2)use FHA 203k loan to roll in rehab cost and put 5% down (heard doing 5% instead of 3% means no PMI, need to verify that)Plan for investment property acquisitionsAssume rehab yields 25% ARVUse HELOC and savings to purchase first and subsequent investment properties as soon as possible.Overall I'm looking to force equity in a primary residence and use HELOC and savings to start acquiring properties.
Ken Rishel
Anti Money Laundering – a Technical Explanation
7 February 2016 | 6 replies
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasing drafted as part of a quasi police network or informer network.
Max T.
Life insurance options - question
17 June 2016 | 22 replies
Does it suck that they lost money?
Christian Bateman
Newbie buying in WA Puget Sound area
11 February 2016 | 5 replies
Remember you don't have to own a property to control it.
Luke S.
Selling after appreciation.
10 February 2016 | 8 replies
But it isn't so from that value you would deducts the costs and lost rents and a risk factor to get the market.
Paris Wilson
Bulk Sale Baltimore & MD Deals
10 February 2016 | 0 replies
I have just put together several properties in and around Baltimore with a former Real Estate Devoloper Partner that has control of these properties.
Seye Omisore
Why would a property go to auction after being listed on MLS?
10 February 2016 | 9 replies
Any time the Lender is in control, a Short Sale is possible; once, twice, ...
Glenn Szilagyi
New Investor in DC Area
20 February 2016 | 24 replies
I got close on one deal but lost it to another investor.I've been thinking about purchasing something through CFS but I've been interested in some input on a platform outside of Matt's podcast.
Nate Ollie
Is this a deal?
11 February 2016 | 3 replies
As a wholesaler you should know what to do and how fast you need to do it.Here are some suggestions:Write an offer for what she wants.Take title subject to the mortgage, keep the property, pay the mortgage and profit from the rent and appreciation -- orControl the property with a "skinny contract of sale" with a delayed settlement date, have a public auction.If you control the property for $65,000 and sell it at $80,000 you are doing well (need a partner).I'd say stop asking question and go close that deal.May I ask you some questions?