Christian I Presant
How do you keep track of payments with seller financing?
7 May 2024 | 34 replies
We are doing this because we don't want to have to put so much money down in the beginning.
Annwar Matani
How do Hard Money Loans work?
9 May 2024 | 15 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Yousuf Kaleem
In CA, where are you guys investing?!
7 May 2024 | 4 replies
Hey Friends,I've been quoted an 8% APR and I'm coming with 150k down.
Britney Dear
In need of a property manager- HOUSTON AREA
7 May 2024 | 11 replies
Seeing how they represent other landlords will help you narrow down to a couple that you can choose from.Best of luck
Shannon Fulford
Paying off my house and increasing my heloc to invest in other properties? thoughts?
7 May 2024 | 1 reply
or pay down on a new 8.55rate for my last rental property with a 5 year prepayment penalty?
Matthew Jones
Newbie with Roof/Insurance problem!
9 May 2024 | 28 replies
Home insurance is not designed or priced to replace roofs every 5-10 years and then to double down and say that doing so doesn't affect pricing is just nonsense.The roofing practices you mentioned end up getting legislated out of existence (see Florida) because they're untenable.I agree the original poster should explore every avenue but there's no way a legit roofing company is going to be able to "turn this around on the insurance company" in this scenario.
Andrew Reis
Using 0% Interest CC's for Rehab Work
7 May 2024 | 24 replies
Are investors just looking to develop relationships with their private lenders and hard money lenders for larger rehab projects down the road?
Anthony D'Angelo
Out of State Investors Question Here: What do you think of Tennessee?
7 May 2024 | 1 reply
I manage properties where I live and one bad month, one eviction, one water heater goes out, you could be upside down on cash flow for months and I am thousands of miles away so I have to trust their "Trusted Property Manager"Sorry for the long rant, the question I have is what about Tennessee?
Densil Brown
The $1,000 investor starter guide
7 May 2024 | 14 replies
You figure out what it TAKES to become succesful and then use what you have to get what it takes, to become succesful.If it requires 40 hours a day, $3000/week on marketing, decent clothing, proper english, a decent car and knowledge about the niche... well figure out a way to slow down time to fit 40 hours in a day because that is what it takes!
Robert Malcolm
How does closing with Seller Financing work?
7 May 2024 | 4 replies
What did you show them at the time for the source of your 25% down?