Nelson Mendes
A Possible Private Money Lender Questionnaire!
1 March 2018 | 4 replies
I recently found a private money lender with the potential of funding my real estate deal in which is in its early stages.
Umesh Chokshi
1031 Exchange QI recommandation
30 June 2019 | 8 replies
I just sent an email to a rep at IPX1031.
Alex Owens
The Treasure House...
27 February 2018 | 3 replies
It was a private sale and was sold “as-is” with all contents included.
Aaron Lawson
Building and working "The Funnel" for off-market Multifamily
1 March 2018 | 8 replies
They have owner info with phone and email, loan info, number of units, Tax value, property information, Loan history ... they do not have residential properties.
Rob Stein
Duplex Analysis - First Rental Property
26 February 2018 | 2 replies
The downpayment will be financed by a private lender.Mortgage Payments: -$350 to private lender ($60,000 at 7%)-$495 to seller (170,000 at 3.5% interest only)Monthly CostsProperty Taxes: $833Sewer: $100Insurance: $120Lawn Care/Snow Removal: $100CapEx: $100 (new roof, windows, everything is in good shape)Vacancy (5%): $150Repairs (5%): $150Total: $2,398.17Monthly Rent: $3,000Monthly Cashflow: $601.83I am still unsure of how to approach the tenant who is paying $1,800 instead of the written lease terms of $2,200.
Michael Noto
Diary of a 3-Family Flip in New Britain, CT
8 September 2018 | 76 replies
. - Thanks everyone for the feedback on this thread, as well as those who reached out privately.
Rick S.
Do Co-owners Have to Deduct Expenses 50/50?
26 February 2018 | 5 replies
@Rick S.Full discussion of various issues in your situation could be really long, and it's best addressed in a private consultation with a tax expert.
Michael Speciale
Start flipping houses - 10k
26 February 2018 | 4 replies
The deals that you will have to do will have to be either with a very trusting private lender, hard money lender, or partner.
Manuel Angeles
Who uses 2nd TD Gap Funds in their Acquisitions ?
25 February 2018 | 0 replies
Example:Having a 1st TD lender fund 85% Purchase + 100% Rehab,Then bringing in a Private Money Lender 15% down, and potentially capital for Closing Costs, Points, and Monthly Interest Payments.Do you structure your Fix&Flips or Commercial Value-Add / Repositions using 2nd TD Gap Lenders ?
Jerel Lyons
Having a problem with a seller
26 February 2018 | 7 replies
and he asked me to send over the contract Through Email, Now I've never done a deal before, am I risking anything if I email him a contract (with my fee tied in of course) how would that go?