It seems most lenders are only providing 20-30 year amortized loans with either a 5,7, or 10 year balloon, and most of which have prepayment penalties. What is the exit strategy under these circumstances?
I ...
I had an investment property that burned down recently. I should have approximately $400K after mortgage is paid off. Does anyone know if this is considered "free money"? or if I can do a 1031/1033 exchange? Are ru...
I'm very new to wholesaling and I'm looking for my first deal. I thought I found a good one but I'm now realizing that may not be the case.
I've got a lead on another home that's been completely remodeled and Seller...
I have a home under contract that has a potential title issue. The seller had borrowed money from his now deceased mother for the home. He has lived in the home over 30 years and said that he paid it off years ago. ...
Hi Everyone,I was referred to a potential private sale of a multi-family through a friend. My business partner and I aren't 100% sure we will qualify for the conventional financing we have used on our previous deals ...
Hello,I've been looking at multi-family properties, mostly four-plex, to see if I can find a potential property to purchase. I did research on how to analyze properties to see if the deal makes sense or not. The kicke...
Hello BP!Through my education into syndications I am still unclear on when a limited partner is no longer involved in the deal. For example, if I put together a deal with an expected exit after 5 years, but after 1 ye...
So my background, I have 9 rental properties and have successfully done 2 flips on my own. So not brand new, but still learning.However now Iv reached a point where I have more deals then money. I worked with a contra...
I'm interested in purchasing my first rental property in Atlanta, GA. However, recent reports show rental vacancy rates over 11% and unemployment rates around 10%. This makes SFH priced extremely low. However, I'm wo...
I having a hard time wrapping my head around this. The yearly premium for my florida rental is $1480 w/USAA and the quote from Olympus is $960. How can there be such a big difference? All the coverages/deductibles are...