Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
I've got some bitcoins that I would like to use to purchase real estate. Are there any institutions that will accept bitcoin as downpayment for a loan?
I am finally accepting the fact that I need to file for an extension and work with a CPA. How do I go about vetting one and getting on someone's schedule at this point in time? Any recommendations in the Raleigh, NC, ...
Today the mail lady came to give me a certified letter. I signed for it and opened it immediately. It was a letter from Homevestor's attorney. The attorney stated that I was in violation of Unauthorized use of Int...
Has anyone ever seen such a clause in a contract(approval letter with terms) for a hardship based Short Pay, or even for a Short Sale?)"Dear Customer(s):Select Portfolio Servicing, Inc. (SPS), the mortgage servicer on...
Does anyone know of or had dealings with Dominion Financial Services. I received a letter from them wanting to finance my next flip but I can't really find out much about them online. They are in Baltimore, MD. I may ...
I am looking at a property, tax valued at 25,800.
The owner is selling it for 38,000. Owner financing with a interest rate of
3.5%. 2,500 down payment
Me and my business partner have ran the num...
My family started a wholesaling business and we’re progressing well. We are a part of a wholesaler team here in town, multiple wholesaling companies that operate independently but JV on deals regularly, and we tend to...