Daniel D.
URGENT AGAIN: Offer Accepted - NOW WHAT?
It's me again, with my urgent advice needed threads. For some reason these deals always creep up on me!I found a property in New Providence, NJ last night. I saw it this morning @ 10 AM, i put in an offer at 1 PM, 7 P...
Account Closed
Private Lender vs Hard Money Lender
Is there a difference between the two?
If the loan terms were the same, would you be more likely to work with a private lender or a hard money lender?
Hard money lenders use private money, so to my mind they are the...
Dan Hill
Credit Card Source of Funding
OK. I have excellent credit ( 780 ) and numerous credit cards with a total credit availability around 150k. Question: how can I effectively use the credit available to me in my real estate investor business? Cash a...
Daniel G.
FANNIE MAE REO - YOU CAN FLIP THEM IN 24 HRS!!!
So we have a REO Fannie Mae under contract for $45k and flipping for $54k. Buyer is under contract and we are doing a double close. Should close in less than 30 days! $9k profit - I find property and partner finds b...
Neil Hauger
Lost my earnest, lost the deal. Buyer walks away un-scathed!! :-(
Today I learned a hard lesson. I thought I had a deal done. All cash offer on full asking price. Purchase agreement was signed. Earnest money was to be deposited with my Broker. Instead, the buyers agent said, "i...
Shiloh Lundahl
What has been your SCARIEST land-lording or investing moment?
In keeping with the spirit of Halloween, what has been your scariest moment as a landlord or investor?
James Sinclair
Wholesaling (Against the Law?)
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
Peter Hroph
3 roommates, 1 moving out, re-newing lease - dealing with deposit
Appreciate in advance for advice. I plan to re-new lease but unsure how to deal with deposit and last month's rent. I have 3 great tenants who are roommates - who also paid last month's and deposit in '15. One of them...
Sam Leon
Approved short sale where the minimum is spelled out
I have done short sales but this is the first time looking at an approved short sale, the listing agent says the offer price cannot be less than X.
So in the case where the bank has already approved the price...
Danny N.
A bunch of newbie questions here..pls advise!
Hi all
I'm new to the multifamily space and have a bunch of newbie questions to ask:
Looking into out of state investing and planning to partner up with someone on the commercial side (5+ doors). I believe most agen...