Christine Shay
New Member, First Property - Does this make sense?
21 April 2024 | 0 replies
I'm buying a new home and keeping my current 3/3 single family to rent out.
Patrick Philip
Better options than HML for spec builds?
21 April 2024 | 5 replies
I'm desperately searching for a financing option for my spec homes that will give me better terms than the 10-12% interest plus $10k closing costs that my current HML is giving me.I tried doing buyer-financed, but they haven't been selling very well (although I really haven't waited long, I'm just impatient).
William Coet
Multifamily Prices so High that Only Cash Makes Sense, But Why Not Put Cash in CDs?
21 April 2024 | 47 replies
I am buying single family homes in nice areas currently.
Jason Lohse
Not Required to Accept Second Late Payment?
22 April 2024 | 15 replies
My Tenants are currently past the grace period again and I have just sent my second NTQ today.
Konstantin Ginzburg
An Amazing Property in the Heart of New Orleans
22 April 2024 | 2 replies
I know this post was made several months ago, but I currently live in Lafayette too and would like to invest in NOLA.
Quiche Lynn
Can you use a promissory note at a foreclosure proceedings
21 April 2024 | 8 replies
@Quiche LynnIf a home is in foreclosure the options are to work something out with the lender, pay them the amount that is past due or file bankruptcyHow they get the money to pay the lender what is owed can be from any source, but unless that lender is brought current or has some type of arrangement they typically do not stop foreclosure
Kevin Breneman
Rent to own question
21 April 2024 | 5 replies
I currently have a tenant that is renting for $1300 a month, however they want to purchase the house.
April Birdsong
Inspection report finding plumbing and fire in attic
22 April 2024 | 4 replies
I currently have a place that has charred beams in the attic.
William Coet
Is This Irresponsible or Sophisticated?
22 April 2024 | 9 replies
Current annual income is $101k-Annual rent increases of 3% are realistic making annual income after 10 years $136k-If interest rates lower a refinance would lower annual mortgage expense-an added bonus over time would be appreciation (which will likely not happen within the next few years)Thank you for any input!
Matthew Warzel
Skip Tracing Software! The Two We Use Now Stink! Any Proven Companies Y'all Like?
21 April 2024 | 5 replies
We currently skip trace using DealMachine and RESimpli...we haven't had connection rates over 10% and that's our '24 goal.Our dialer VA company, REVA, suggested these...any y'all prefer that can generate solid connection rates?