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I want to buy an investment property but I currently have two mortgages that I pay (for my primary and second homes). I have equities of about $500,000 from both. What possible financing options do I have? Any ideas o...
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What do you seasoned wholesalers think about a free vacation at closing offer to potential sellers? Do you think this would increase my call in rate and separate from the competition? Or is it too gimicky? Family h...
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Hello, I purchased a property in California using hard money with a 6 month term that I intended to flip for $220,000. I ended up just relisting the property on MLS and accepted an offer at $305,000. I know that the b...
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Looking for my first investment property in Atlanta area and was reading about Section 8. Is there any Real Estate investor here that has experience in that?
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As you may have known, interest rate went up a lot recently and that forced the majority of retail buyers out of the game. Therefore, flipping takes longer to sell or may need to go down in prices if on market too lon...
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Recently purchased a property for around 88k and looking for financing with 25% down. What I am realizing is that discount points and closing costs itself is accounting to around 4-5k. Some of these costs are mandator...
Hey Guys.We have a employee engagement platform and I see some lenders with corporate discounts. Example: Wellsfargo has a corporate mortgage benefits program but is asking to call for consultation. There are few othe...
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Hello Everyone,Wanted to bounce back a deal analysis which I am working on...Purchase Price - $150,000Closing Costs - $6000Total Acquisition Costs = $156,000Rental = $15,600 (1300*12)Vacancy = $1560 (10% of Rental Inc...
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We have a 27-unit townhome complex under construction. To address the higher interest rates we want to develop a creative mortgage offer that we can market to buyers. One thought is we, the seller, would buy down the ...
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Looking today inside a 3 family for buy hold. For renovated comp ARV looks to be $200-$220k. Rent assumption is $700/mo/unit. Rehab of $40k. I used 10% each for vacancy, capex, prop mgmt, repairs. Adding addition...