Nate Crump
Opinion on Performing Notes in My Area
There is a guy/company selling notes in my area. Obviously due diligence will need to be performed, but I wanted to see what some of you pros thought, on the surface:
1. The performing notes were all originat...
Jason Burkart
Gift money for family or buy a rental for family?
Complicated post and I realize this might be more geared to a CPA, but figured I would try here and see if anyone else has come across a similar situation. Will itemize for brevity purposes:- Mother wants to move to S...
Erik Johnson
50 Year Mortgage
Has anyone tried to get mortgages for longer than 30 years? I am thinking if I could try to get a 40-50 year mortgage I could get more cash flow out of the properties in the short term. Are there any companies that wi...
Deborah Burian
Structure Multiple LLCs
When we formed our first company, about 10 years ago, we chose an LLC format and that has worked out fine. We carry umbrella liability on the LLC and each property is added to the policy as they are purchased.
Base...
Matthew Hudson
Need some advice on a first flip
what better place to go when you have a question starting then right here.So here it is i have been analyzing a lot of deal and i came across a good flip opportunity in my home town. I am having an agent run more spec...
Frank White
cash back at closing
can someone throughly explain cash back at closing? more specifically, how the deal is structured? what the lender requires?
Patrick Martone
100,000 in cash, now i need to pick one of two ways to proceed.
-I have 100k in cash. After establishing a track record I may consider partnerships-I am familiar with NJ, Houston, and South Florida. alternatively I may do Charlotte or Raliegh, Dallas, Columbus, Minneapolis, or Nas...
Account Closed
Considerations when rehabbing a rental
Recently I was reading something that suggested putting in crown molding and finer touches to a rental property. The purpose to attract quality tenants. The idea on the surface sounds good, we all want to attract qu...
Imeh Esen
Investors doing poor rehabs for a quick sale
This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...
Mitch Rice
$8K Paint Estimate?!
Hey everyone,My wife and I are working out the budget on our first rehab and are taken aback by the paint quotes. Everywhere we read says we should be paying a max of $2 per square foot for interior and around $1.5 fo...