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Results (992)
Henry Dossantos Book questions: Real Estate by the Numbers - Dave Meyer, J Scott
24 May 2024 | 14 replies

Hello,
I just purchased the new book by Dave Meyer and J Scott; “Real Estate by the Numbers”. So far it is a great book!
I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading...

Steven W. HELOC issues (home paid off, too many rental properties )
28 September 2023 | 1 reply

So interesting story and something I never thought would happen but I can’t see to get a HELOC now even though I have zero personal debt and W2 income. As a business strategy in previous years or the low interest glor...

Mike G. Private money loan and CA usury law
22 November 2010 | 4 replies

As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the ...

Alex Olmo 8 unit apartment complex, what now?
28 December 2017 | 3 replies

We are closing on an eight unit apartment complex.

After closing,

How do you approach the existing tenants?

How quickly do you introduce yourself?

What do you say?

What do you ask?

What do you not say?

I...

Philip L. Security on a loan Promissory Note
9 July 2021 | 4 replies

I am closing on a single family home cash purchase on the 16th of July, I borrowed the cash from my father in law and he asked to get a promissory note added at closing.
The title company (chosen by the seller) will ...

Stephen E. Night Owl Tenant Ad Responses
5 September 2016 | 3 replies

Am I alone in viewing late night tenant responses to ads negatively? I just got an email from Padmapper time stamped 4.24 am. As is often the case with these things there has not been a response to my reply with detai...

Danielle Rosenscruggs Newbie Investor Guidance - Detroit - City or Suburbs?
1 August 2023 | 8 replies

My husband and I are looking to get into REI but feel a bit overwhelmed. We are hoping to invest around $50,000 - $75,000 (e.g., downpayment, closing costs, initial maintenance), would like to be somewhat local (we li...

Bob Malecki Borrower BK 7 Discharged but not closed?
14 February 2015 | 19 replies

I just purchased a 1st position NPL on a home in Oklahoma and found out from FCI's bankruptcy specialist that the borrower had a Chapter 7 bankruptcy in 2009 which was discharged in 2012 but not yet closed. This was n...

Andrew S. PPR Note company dropping rates on existing investments?
9 October 2020 | 10 replies

Is anyone familiar with the current PPR situation? I am invested in their 12% fund and they are calling it ahead of the 3 year term. They offer to roll into their 10% fund for another 3 years, but why should I believ...

Vincent Reay Mortgage advice / brokers required for non US based investor
17 May 2019 | 4 replies

Hi, I am based in the UK and have experience in flipping and BRRR in the UK, I intend to set up an LLC and get US tax number etc. But I wanted to reach out and see if any brokers could give me some idea of the financi...