Peter Sejna
How to remove a tenant with existing lease
17 November 2015 | 15 replies
They usually get the best price in these circumstances.
Antwaun Sumpter
Timing
17 November 2015 | 0 replies
There are circumstances that may come up forcing you to sell right away.
John Vietmeyer
HUD rejecting deal - Appraisal came back too high!!?
21 December 2015 | 10 replies
The selling agent could not explain under what circumstance HUD would disapprove but I guess we will find out.
Nicholas Varner
Landmark Victory for Privacy, Home Owners, and the Constitution
19 November 2015 | 11 replies
In certain circumstances, cities with older housing supplies feel the need to do something to maintain the aesthetic quality and safety of these municipalities.
James Austin
Another newbie qurestion from Michigan
20 November 2015 | 13 replies
In that area the best you can hope for for a retail ready house, is about $75-$80 per square foot, so you're looking at about 50 grand under the most optimistic circumstances.
Ben C.
BRRRR STRATEGY QUESTION (REFINANCE)
12 January 2016 | 9 replies
I've heard a lot of lenders will charge an extra fee to review the LLC docs, coupled with the expense of creating a unique LLC since my lender wants to see the asset they're financing as the only asset in the LLC, so there's a few extra expenses but I consider them worth it to know the bank has blessed the ownership structure.Deciding how to proceed in a BRRRR depends on your unique circumstances, I personally think there are two obstacles with using banks: 1. banks are slow and have strict requirements, so if I'm refinancing with a bank, I can't acquire any other properties because they don't want to see any changes to the DTI while they're underwriting.
Mike Landry
owner finance note refi into a private note???
20 November 2015 | 4 replies
I do not know any private nor hard money lenders in my area who would consider doing so under any circumstances.
Clinton Holmes
Ideas on Creative Financing for a Real Estate Development Company
13 January 2016 | 6 replies
Some options - Hard money, private money, bank financing, and seller financing.It all depends on their situation and circumstances.
Account Closed
Tax Downsides to Paying Off a Mortgage
22 March 2016 | 50 replies
Perhaps paying the minimum on a credit card is a good idea under the right circumstances, loss of a job, raising money for a down payment, etc.
Ramon Alvarez
Private lending in Western Mass not as easy as I thought
27 March 2016 | 14 replies
@shaun Reilly is probably correct for trends in your state.When I make a loan I have them sign off verifying that the loan is for the purpose of fix and flip and under no circumstances will it be OO.