Duriel Taylor
Note Investing Advise
4 December 2018 | 20 replies
My note investing goals;Buy lowNon-performingHold and collect mortgage payments Resale to an investor looking for performing note Address: 2124 Tullis Dr Montgomery, AL 36111Asking: $42kLayout: 3/1, single family homeArea: CLien position: 1st UPB: $80,968.80Monthly mortgage payments: $719.78Sale comps: $62k Rental comps: $600 per month4 months behind on mortgage paymentsTaxes: $218/year (actual, from county website)Insurance: $217/yr (based on a formula for a home in the 50k-60k range)Here are my thoughts on how to underwrite it: Offer: $28k Fair Market Value: $62k Modified mortgage payments: $650 monthlyPayment upfront: $5kI came up with the 5k based on lawyer fees, BPO, tax for the yr, insurance for the year and servicer fees.
Michael Hoffman
Best Direct Mail Lists
19 November 2018 | 2 replies
Is spending the money for handwritten fonts worth it?
Luis Rivera
Can’t find absentee,preforclosure, and code list in baltimore
21 November 2018 | 8 replies
It's worth it; trust me.
Jake DeBoer
Struggling to find the right financing partner
20 November 2018 | 12 replies
So now we have about $90k debt on $425k worth of assets and I can't find a lender who isn't offering us outrageous terms.
Nathan Boyd
Any advice much appreciated!!
17 November 2018 | 2 replies
A good accountant and a good broker are worth the money in the long run!
Chivas Miho
3 Properties, 8 Doors in the First 12 Months
17 November 2018 | 2 replies
The two added inspection reports cost me $650, but it was well worth the cost to have peace of mind that I wasn’t walking into a time bomb.
Ethan M.
Best way to pull money out of a property after paying cash?
23 November 2018 | 21 replies
Home is worth 3x what I owe.
Tom Tran
Question on buying a Shopping center
18 November 2018 | 2 replies
If it’s a market issue, it’s worth less to you than if it’s something you can easily get filled once you own.
Omeed O.
Family owned commercial shopping center
28 April 2019 | 9 replies
It does need a new roof, repaving the parking lot and general repairs.Currently I own one condo worth about 100k free and clearPersonal house has 170k mortgage and I have about 20k in personal debt.What do you guys think?
Jackson Acuff
College student looking for first deal. Have two I am looking at!
18 November 2018 | 2 replies
Even with what you said though, they'd have to be very flexible on that price to really make it worth it.