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I am looking for insight into exit strategies on a single family 3/2 flipped house in Portland 21 days on the market. The pre Covid-19 ARV was projected to be ~400K. The property has a hard money loan of $235K at 10...
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What percentage of a deal is fair for me to ask for when I bring a good cash flowing deal to the table? The deal is a 6 unit that makes $275 CASH FLOW per unit per month.
I have partnered with someone to buy real est...
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Hey there! I have a weird creative financing question for you. Have you ever heard of a deal where the seller carried the financing? Like say I dont have 20% down on a 100000 property. The seller has 100% equity the p...
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I have an oppertunity to do a land trust on a property. I think I have my head around the whole idea. My question is has anyopne done a deal like this and how are the lenders looking at this type of seller now days an...
Hey -- new to the forum. Hoping to get the opinion of some experienced investors regarding the value of multiple (2-3) detached properties located on the same lot. It seems to pretty common in the more metro neighborh...
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After reading this forum, I started to wonder if I have a good insurance on my property.It's a duplex that was built in 1944, 2 bedrooms 1 bath per side. I live on one side and rent out the other side and this is my i...
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Curious: How many properties do you typically hold under a single LLC? All of them? 5? Only 1??? What is your reasoning?
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I identified a property off-market through a relative that I want to do a BRRR on. Given that it's family, the purchase price is reasonable and the property has been vacant a while and is in rough shape, so it needs a...
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Suppose this scenario:Agent takes 75% broker takes 25% splitAgent is part of a deal where commission is 3% but foregoes it so it's factored into the asking price instead (like instead of offering $100k and taking a 3%...
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Dear Forum,My understanding is that an LLC protects your personal assets from being sued by a renter. But what about the equity in the rental property that is under the LLC? Can the renter go after ownership of the ac...