Kim Kelly
First Steps in REI - Transaction Coordinator or Wholesaler?
16 June 2024 | 1 reply
I've seen several posts mention Transaction Coordination as a natural beginning point for understanding how deals are initiated & completed, or Wholesaling as another idea.
Greg Cook
Help analyzing a sellers finance deal!!
13 June 2024 | 1 reply
I am currently reviewing the numbers associated with a wraparound mortgage and I need some assistance in determining if they make sense.
Can anyone please direct me to the appropriate person who would be able to help...
Fletcher Norseen
New Investor looking to connect
16 June 2024 | 3 replies
I do this AM to PM and am always looking at deals!!!
Abdulah Abunasrah
0% Seller Finance Deal on 6 unit condo set in Memphis tn
12 June 2024 | 1 reply
Dealing with a HOA scam that is going on with it, but besides the scam I'm actually really proud of this deal.
Don Konipol
Tax liens and Mortgage liens
16 June 2024 | 40 replies
But that was then now is now.. its all on bid 4 assets and the deals are nowhere as good as they use to be not even close.
Edgar Gonzalez
Using Home Equity for Real Estate Investment
17 June 2024 | 9 replies
We no issues closing in an LLC, as a matter of fact most of my lenders will prefer it (assuming it is not your primary residence)Assuming it is not your primary residence, the easiest way to do this deal would be through a DSCR Loans.A DSCR Loan will use current rents or market rents if the property is vacant and personal tax return from you would NOT be required.It also referred to as a No Ratio Loan because your personal Debt To Income is not important.What is important is that the property can pay for itself.If we keep the LTV Low the rate for this loan can be better than a conventional loan.If you ARE Living in the property and you want to keep it... it would mostly depend on how motivated you are and how willing you'd be to "postpone gratification"The best bet is still a DSCR Loan.. which means you moving and renting the property out.We can bring in Asset Based Financing that can help with cash down (if you need it) or to pay cash for another property for you to reside in.Once you're moved out we can do the DSCR Loan at a 70% - 80% LTV or we can calculate a comfortable cash flow number.For example, max cash out that will give you $500 cashflow after a full PITI payment.Let's discuss more!
Ariana Grace
Soon to be real estate salesperson need tips/tricks
16 June 2024 | 12 replies
It is a full-time deal, and you will need to build your pipeline of clients for the next 2 years.
Anthony Lynch
Finding fix and flip deals, cold calling and other things
12 June 2024 | 12 replies
You don't get deals right away.
Kaycie Gunn
How to Raise Capital for Investment property
16 June 2024 | 2 replies
I have one LTR that I do plan to leverage to purchase my next property, but I am really looking to find hard money lenders/investors to help fund future deals.
Molly Kim
Tax Lien Auction
15 June 2024 | 6 replies
If you really want to get a deal from tax liens, contact the homeowner just before they reach the 5 year deadline.....