Karen Margrave
Where do you want to be on the food chain?
16 December 2012 | 13 replies
., and that allows you to minimize risk.
Karin Crompton
Typical Hard Money Fees (by category, not amount)
24 January 2013 | 22 replies
Other than that, I would expect to pay points (origination fee) and perhaps a minimal loan prep fee (no more than $200) at closing.Any other fees and I'd negotiate them away...
Account Closed
Marketing your Wholesale Deal!! Which Buyer To Choose
11 December 2012 | 16 replies
It takes away our options which minimizes our leverage.Personally I'm not a big fan of email blast unless it's a property type we don't typically deal with and thus don't have a lot of buyers for.
Brandon Turner
What's Your Tenant Horror Story?
3 June 2021 | 29 replies
Fire dept. smashed in the door because he had food on the stove when he swallowed a handful of pills.
Ross Schneider
Single Family REIT's.
15 December 2012 | 17 replies
The Blackstone funds are interesting in that they (minimally) file a Reg D, don't disclose revenue, are LPs, and are exempt from further filings.
Manuel A.
5 Questions - Rethinking my Game Plan
12 December 2012 | 6 replies
If the property is a Short Sale or REO, then I would put minimal down.
Ben Bakhshi
What happened to BP members who purchased during the peak?
8 August 2013 | 20 replies
Thanks to HARP 2 they all cash flow (minimally!).
James Homes
Help - Can't Sell - Am I missing something?
5 September 2013 | 26 replies
I do them all the time with minimal effort.
Alex Khojainov
Need Advice - Hard Money Lender for 1st property - 4plex
25 December 2012 | 9 replies
I've been running most of my expenses through an LLC to minimize taxes at the end of the year, but it sounds like this isn't the best option in the eyes of conventional lenders.Steve Babiak thanks for the input, I was under the impression that as long as rent collections * 0.75 covered all expenses and the property was cash flow positive, the banks wanted to see the rental income for 6 months or so.
Mike Coleman
Want to partner to start mortgage origination
9 January 2013 | 2 replies
I did it for a few years and it was a ton of work for a minimal commission.