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Results (10,000+)
Roger Plummer Help with Pre-Foreclosures and Probates - Austin, TX
13 September 2017 | 6 replies
Also, if you have some funds, you can try Probate Daily--they give you an Excel list of all probates that hit your selected county weekly.
Account Closed Are 1031 Exchanges in danger?
11 September 2017 | 3 replies
Also think it  will be kept or just renamed as all Congress members have likely used it and most of their Fund raising would be hurt it its eliminated. 
Almuthanna Abuasi Favorite Podcast for starters
18 September 2017 | 10 replies
Account Closed I have a section of the Flipping Junkie podcast where I start with motivational/mindset/foundation for getting into flipping and then progress into how to fund deals, find deals, analyze deals, etc.  
Daniel Lin HUD ANNOUNCES DISASTER ASSISTANCE #IRMA #Harvey
16 September 2017 | 1 reply
Assisting the Commonwealth of Puerto Rico and local governments in re-allocating existing federal resources toward disaster relief – HUD's Community Development Block Grant (CDBG) and HOME programs give the State and communities the flexibility to redirect millions of dollars in annual formula funding to address critical needs, including housing and services for disaster victims.
Jason Chen First Rental Property in Sacramento, CA
16 September 2017 | 20 replies
The idea of charging water/garbage in lieu of raising rent is something I have not thought of so thanks for bringing that up.
Kevin T. Mobile home park deal analysis
12 September 2017 | 4 replies
Here are the key data points:Park info  Located in Alabama61 lots25 owner occupied homes18 park owned homes (14 currently rented; 4 currently being repaired and should be rented soon)18 vacant lotsAvg lot rent - $160 (unknown what the market rate is but it doesn't sound like there has been a rent increase in at least a year, maybe more)Avg POH rent - $400Expense ratio - seller claims 26% but I'm estimating 35% for the lots and 50% for the POH'sCity water - individually meteredSeptic - good condition (allegedly); a couple were pumped last year, none this year (no lagoon thank heavens)Seller claims gross income $130k, expenses $30k, and NOI $100kI calculated gross income of ~$135k, expenses of $60k (55% on POH and 35% on lot rentals), and NOI of $75kOther infoMom & pop seller, but park is listed with a brokerPark has been on the market for > 3 years (recent price reduction)Greater metro area stats look goodPopulation = 115kMedian home price = $105kUnemployment < 8%Household income > $40kHousing vacancy ~ 15%Closest Walmart is 7 miles awayFreeway is 1.5 miles awayNumbersMy valuation is coming out about $80k-$100k under the seller's asking priceWith conventional financing I'd be hoping for a purchase price of $500k, $100k down @ 6% over 20 years (not sure if this is plausible or not)Assuming that financing, I'm expecting net cash flow of $40k (after debt service)Upside potential is in raising rent and filling the 18 vacant lotsFollowing the same assumptions above, raising rent $50 (if the market supports it) would change NOI to ~$90k and net cash flow of just over $50kFilling the vacant lots could potentially increase gross rent up to somewhere between $150k-$200k, depending on what the appropriate occupancy rate is for the areaWithout verifying any of the above information (haven't offered anything yet so there's a lot of DD left to do), the deal seems to make sense. 
Ridvan Hoxha Have $100k+ to Invest. REI or Buy a Business Now and REI later?
14 September 2017 | 11 replies
I will check them out as I am seriously thinking about going that route with my IRA funds.
Bryan Pham Using Debt to pay off debt with Notes
28 September 2017 | 8 replies
This is simply done by over-funding my policy, borrowing the money out at 4% or 5% to purchase the note, and making the spread.
Justin Bock Looking for lender options
23 September 2017 | 9 replies
Are you just looking for the acquisition funds, or are you looking for acquisition and rehab money?
Corey Collins Almost ready to purchase first BRRR property!
12 September 2017 | 3 replies
I would then take the refi funds and then pay off the hard money loan and recoup the personal investment.How difficult is the refinance process?