Two years ago we purchased a single family home with about 18% down with a 5.5% rate. When banks were offering 3-3.5%. It worked for us and I considered the added 2% to be the benefit of getting owner financing. Today...
do you guys think that the rates that hard money lenders that provide rental loans are so close to what conviental banks offer that HML are easier to refinance with?
Just wanted to get some feedback on some questions regarding screening. I appreciate any thoughts you may have. When a prospective new tenant calls about a property I'm assuming you do a screening interview over the ...
Hello friends!I have a self directed 401(k) question that pertains to disqualified persons. Here's the scenario, my father wants to invest in real estate with his 401(k) self directed and he wants to hire the ...
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...
When wholesaling a subject to deal, are you assigning your subject to deed for a fee before putting a tenant in the property? are you finding the deal, then selling your lead? exactly, what is the basic process of who...
Good Morning!I have had a few properties give their notice in the last 6 months. I've had at least 4 prospective tenants show interest and then when they get the lease agreement online on HelloSign, they ghost. Is the...
Hi guys,
I stumbled across a property today that I think could be a good fix and flip candidate but it is a little outside of the standard fix and flip model. I haven't been inside yet but it is vacant ...
In 2022 I sold my home I lived in for over 2 years. I used half the home for business. I took the 250,000 deduction, and used the remaining profits on the home to do a 1031 exchange. I overlooked that I still owed a m...
Hi, I have a situation where I’m sure all of you have been at some point. I am currently looking at purchasing a fixer upper for BRRR. The property is being offered by a wholesaler at 27k I offered 24k and they said y...