John Giamundo
absolutely disheartened.
6 March 2014 | 40 replies
Some of you have suggested that I should shop around to find more investor friendly brokers - i think thats a good idea, but i think ultimately, DTI is going to remain a problem for me.Some of you have suggested I look in markets where the houses cost less: I am, I am looking in North Carolina right now.There was a suggestion of using private money - I don't have a problem doing so, as long as the terms are such that both myself and my private money guy (whoever that would be) can make profit.I started actively looking in this area because i wanted to stop reading books and sitting on the sideline, and actually make positive movements towards ultimately buying...but right now, I feel lost in a sea where i don't know where to go.
J Scott
How Should I Structure This Deal?
21 April 2014 | 14 replies
That way, I can shop around for an end-buyer and if I can't find one at my price, I can take my loss of option fee or lease payments as the cost of rent for that time period.Happy to answer any questions...
Walter Pape
Evaluating MH market, what and how?
24 June 2014 | 13 replies
People will gravitate close to areas with good schools, jobs and shopping.
Adam Craig
Where to buy in Florida?
21 March 2016 | 55 replies
I've vacationed in Madeira Beach, which was had a nice beach town - typical biking everywhere, ice cream shops, put-put; my cousins and I really enjoyed it when we were younger.I live in Jacksonville Beach now, which to me is one of my favorite places to live.
Marc Faulkner
Ethics of Park Owners Requiring First Right of Refusal?
30 January 2020 | 47 replies
So now that professional buyers will not shop in areas where a first right of refusal is implemented, the seller has to wait and find a cash buyer, that wants to live in the park.
Jeffrey Magenes
California - Landlord Reserves Right to Terminate 3 year Lease Anytime?
12 July 2014 | 6 replies
I bought a coffee shop from a bank and got a copy of the lease agreement they had been using with their tenant.
Alex Blonigan
Rehab costs and contractors
27 July 2020 | 10 replies
There's only so much I feel I've been able to learn from reading about rehab costs etc, but seems everything could vary so much by contractor and by market.I am house shopping right now in Los Angeles tho.
Jim Truman
Fundrise vs individual property
12 January 2019 | 15 replies
With Fundrise that would be their Supplemental Income Core Plan, but you should shop around. 50K is usually the minimum buy-in for what you're looking for, and you have that.
Julie Marquez
Am I a Shady Landlady?
3 February 2019 | 67 replies
People who know they may be moving out after only a few months (maybe they are new to the area and shopping for a house) would gladly pay a little more for the option.
Jason D.
A different newbie
4 October 2013 | 9 replies
Then shop around as to programs for investors.Most will look at a debt coverage of 125% or more commercially, ratios will be slightly tighter for investors than the leeway given to homebuyers.Another possibility might be borrowing from the Trust, ask the administrator or Trustee.