
18 November 2024 | 13 replies
Our current portfolio looks like this:LTR that is worth 150k with 65k of debt left on it at 3.65% on a 20 year loan - PITI = $785 per month - long term tenants paying $1650 per monthLTR that is valued at 110k with 45k of debt left on a 4%, 20 year loan - PITI = $583 per month - long term tenants paying $1550 per monthSTR that is valued at $275k with 155k of debt left on a 3.5%, 30 year loan - PITI = 1080 per month - brings in over 35k per year gross for the last three years.Would you do a cash out refinance on one of the properties to pull out some of the equity to pay off the $48k HELOC or would you sell one of the LTR properties to pay off the HELOC?

16 November 2024 | 11 replies
Guys, any sites or lists to find an SBA loan broker to help me with the possible purchase of a business?

17 November 2024 | 13 replies
I am going with my gut feeling on this one and walking away from the deal.

11 December 2024 | 2 replies
If an agent brings a client and buys the wholesale deal, their standard contract is the second contract that the original contract is being assigned to.

1 December 2024 | 2 replies
I have spoken to my neighbours but they do not know who the HOA board members are ( it is a large complex with 100 + townhouses).It is very strange but it has not proved to be a problem in the past as the management company deal with the properties externally ( eg painting ) and the common parts and have always done so competently and individual oners deal with the inside of the properties.They are now proceeding with the painting without doing anything about the termites.

2 December 2024 | 2 replies
What type of property are looking to inspect (residential, commercial, distressed, etc.) and what is the intended use of the property?

20 November 2024 | 12 replies
It was my understanding that the wholesaler brings an actual under-contract deal to a buyer and then the buyer pays a bit of a premium for the deal.

23 November 2024 | 2 replies
It’s awesome to see someone starting their real estate journey at such a young age with a clear vision and determination.

23 November 2024 | 26 replies
Interesting that one was just sold:609 N.

22 November 2024 | 9 replies
I am pretty experienced with S8 procedures, all of that experience is with our Toledo LMH team.Are you leasing with a property manager in town?