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Curious how the financial arrangement is made if someone, for example, buys a duplex with investor #2 but only investor #1 lives in one of the units. Assuming both investors fronted equal amounts for down payment, clo...
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Cap Rates and GRM (Gross Rent Multiple) set the stage for pricing a property. As interest rates decline, Cap Rates tend to go down and GRM tends to go up., and the pricing of the Multi-family apartment reflects this. ...
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I want to syndicate a deal that will be around $600,000 (2 duplexes). Must my investors be accredited investors? What are the rules regarding this.I plan to pool the money with a few friends of mine. Can we do this wi...
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Has anyone successfully convinced a Bank (specifically BoA) to accept a non-arm's length short sale? If you have, what steps did you take and documents you submitted?
Thank you.
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Hi,It has been hard to find info regarding my situation, perhaps because it is a bit unique, and could use some help. My situation is as follows:I am a foreign investor interested on purchasing a rental property in Co...
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Since I'm still new here I figured I should start contributing by sharing this to the group. A bill pending with the California legislature just came across my desk, AB 1436. A link and a summary appear below. It's...
I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At...
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I'm hoping I can get some feedback on what constitutes a primary residence for underwriters on a conventional loan. I have a friend that asked for advice on refinancing her first home which was purchased 2 years ago w...
This is from an email I received this morning, July 6, 2011. If it is not appropriate here, please delete it. Thanks. Ofgift
“The Constitution is not an instrument for the government to restrain the people, it is a...
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hi I send my mail campaign two days ago and before I find sellers. I heard its better to find cash buyers first.
so if anyone can give me advice of getting the best cash buyers in NJ that will be great thanks...