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Trying to learn as much as possible. Refining plans before implementing them.Most important question: How does one use the "@username" tag to respond / address someone in the forums?Thanks
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So here is the scenario:First Lien is $150,0002nd Lien is $40,000FMV: $80,000Borrower is 120+ days late on both mortgages and is in Chapter 7 Bankruptcy.Assuming the Property Taxes + Late mortgages there is about $20,...
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No. It might for a short time, but oil has fallen from $115 to $49, companies are already cutting back on projected production spending. They will cut back more unless oil suddenly rallies. In four of these states,...
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I have a potential deal with a 6 acre lot and wanting to learn more about getting new homes built on the land. There have been several new homes built on that road in the past 5 years. There are some nice homes and du...
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I'm looking at a package of 3 "class A" mixed-use properties with 14 doors total (13 apartments, 1 retail). The properties are downtown historical residential loft buildings with street-level retail (two of which have...
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I wrote this a couple years ago for another audience and from some of the recent posts I have seen, I dug it up and figured I would share it here. The information is just as valid today as it was 2 yrs ago.
I recent...
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Hi everyone,I have heard two different things regarding obtaining bank financing for a Multi-Family property (larger than 4 units). One is that the bank will finance you based on the income that the property will gene...
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Why do you think this is happening and do you think this is a short term holdout before a crash? Here is the article. https://www.wsj.com/articles/w...I have been predicting a steep drop in home prices on my Saturda...
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Hi I will withhold my name, but I wanted to start a post here with my profile to get some feedback encouragement and constructive suggestions. I am 47 years old and work in a high stress, low job security profession....
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Hi everybody - Long time reader and new poster.
Im 25 years old and just getting started in REI. The more research I do the more Im convinced this is how I want to invest my money. My family has also had success in ...