Matt Faix
Private Money for Down Payment
Up until this point we've used our own money for deals and financing. We were recently approved for a 80%LTV loan on a triplex that we are buying. If we want to use private funds for the other 20%, does this have to b...
Matt Engle
Reasonable seller terms?
Hey Everyone,
My team and I are in the negotiation stages of a 126 unit apartment deal and the seller is asking for the following conditions:
1. The purchase price is to be firm as the seller is not interested in re...
Zev Dobuler
Investing in 3 States. Use 1 attorney or use attorney per state?
Hi Everyone,I’m investing in 3 different states. Oklahoma City (OK), Philadelphia (PA) and Rochester (NY). Should I be using 1 attorney for all my transactions and advice or should I be working with 1 attorney per sta...
Alexander Mair
Partnering with a seller on a flip or brrrr?
Has anyone partnered with a seller on a fix and flip or brrrr deal? My thoughts are that the seller, if motivated could carry the note much more easily than anyone else. You could start renovation immediately after a ...
James Free
How to pay unemployed friend to help with small rehab
Looking for experience here.I have a friend who's down on his luck and unemployed at the moment. I also have a unit to turn over (paint, flooring, countertops, fixtures). In his better days, my friend was doing self-e...
Christopher Boyle
To all the Married people - Am I screwing myself?
For all of you who are married (or soon to be), how are you handling your finances with your spouse? Keep totally separate accounts, merge everything, or make a stand-alone new joint account? My original thought was...
Paul Bergagna
Connecticut Among Top States People Are Moving Out Of
I know that the numbers aren't yet staggering, but is this trend of concern to you? With the State's financial condition worsening, do you think that there should be cause for alarm, or caution in investing going for...
Terry Cobbs
New Member from Austin, Texas area.
Retired law enforcement (30 yrs). Also defense/military contracting and consulting overseas in Afghanistan, post retirement (2 tours). Now, I'm interested in making additional income for a more secure retirement and y...
Michael Frabotta
Analyzing Rental Properties
What is a general rule of thumb for a decent CoC ROI for Single Family Homes? I know of the 1% rule for purchase prices but what is a good way to know how much to actually charge for rent? Does anyone recommended so...
Steve Ruse
New anti-rental HOA restrictions
I own 4 rentals in an approximately 200-home subdivision. The HOA just sent a letter saying that for future tenants, we have to get approval from the HOA for future renters. The HOA must approve the lease, see a bac...