Just going through the exercise, combined with the NOD, will hopefully help him along his path to realizing that he needs to move.

I guess there is a kind of an entitlement amongst Realtors working with investors on the selling side of things combined with new technology that makes representation kind of unnecessary.

There is really a variation of every sort- all cash flow, no appreciation potential, war zone -or- really nice area, appreciation potential, minimal cash flow -or- middle areas, middle cash flow, middle appreciation potential -or- every combination in between.

" ...a typical hard money loan may be 70-90% financing for 6 months, paying 2-3 points and 15% interest or more."1. 70-90% financing means either:a. 70-90% of the ARV, or b. 70-90% of the purchase price or c. 70-90% of the combined purchase price plus rehab costsHowever, many hard money lenders won't go to 70% of anything, and are at 60% or 65% of one of the above.

They are combinations of different transactions blended into one type, cash or seller financing paying for equity, buying with trade offs, having the seller retain debt, one aspect not mentioned is trades for equity.

We have a good amount of equity between both properties and want to now combine our resources to purchase more long-term income properties.Our plan is to first get her 4-plex refinanced and pull cash out of the building (she's at 6%), then use that (and some cash of my own) to shop for a new building.A bank made us an offer today and I am unfortunately not knowledgeable enough to really wrap my head around it.

There are combined sewers in this area and most of the homes have this problem.

You can lend unsecured into his operating account for a return not related to the profit in the deal (not recommended)You can provide the down payment money in exchange for a chunk of the profit You can provide all the money for an even bigger chunk of the profitIn the two cases above, you may be a partner in the single-purpose entityYou can work out a combination of a loan and a profit splitI'm sure there are other more creative combinations But first it matters the deal size in the geography where you are investing, and then the appetite the investor has for capital.Right now, there is a lot of money chasing few deals in my area, so you may have to have more money to interest a flipper if he has people lining up to give him funding.

My strategy is a combination of fix & flip but ideally looking at long-term rentals.

Great post:Flipping versus holding or a combination is a personal and strategic choice.