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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Eagle River.
Purchase price: $250,000
Cash invested: $30,000
Purchased as a SFR. Remodeled into a duplex. Lived in top hal...
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If a contract has been signed (I am the seller) but no action was taken by the buyer (never sent a mortgage commitment, never did the inspection, etc) is it required a mutual release be signed by both parties before I...
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I recently read a book about raising private money by Susan Lassiter called getting the money. In the book she talks about the importance of finding a loan servicer to handle the money doing transactions from your pr...
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I am planning to 1031 Exchange a small retail commercial building here in Western Washington this year, and am interested in exploring a construction exchange on the back end to build a new SFR or Duplex rental with t...
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Hello all. New to the forums. Been reading the books and dragging my feet for years while I established my professional career (love it, not looking to leave, just supplement).
So I live in a nice college town where o...
Hey y’all!
I’m starting a wholesaling company with a friend of mine who also is very heavily interested and educated in real estate. We’re in the formation process and are looking to scale quickly based on our resour...
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I've been speaking with an administrator of a property who previously had her property under contract with a different investor. She was told by the investor that she needed a bond? To protect herself. However she sa...
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Hello, I conducted an extensive search but could not find the best answer on structuring a private money loan for a fix and flip property, that minimizes the taxes for the Private money lender. Essentially one investo...
Question. Newbie here... I have been talking with a flipping team that has experience to JV with them. They want me to fund the 20% down payment and buyer's closing costs to purchase a flip. They will use hard money f...
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Hello Fellow PMs,For years I have operated under the following parameters with owner draws from our RETA: 1) One only draw per month 2) Reserve amounts of $300 per property (dupes and SFH). I'm beginning to feel lik...