I own a "B+" SFR in a HCOL university town with vacancy rates under 3%. I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...
What do you think are reasonable rates and terms to charge private lenders I know. Giving them 1st position on a property where they will be lending no more than 70% of the ARV.
I have a few properties and positive cash flow. I was trying to decide if I should try to 1) focus on paying off one mortgage or 2) spread a little to each loan. I have a long term perspective on them all. I have a ...
About two months ago my Real Estate Broker offered me a condo before it was put on the market. I declined the offer because the price was too close to market value. I'm looking for buy and hold properties and i want t...
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...
Hi everyone, i'm just about to close on a duplex investment property i've been looking at for a few weeks and I wanted to get some feedback on what everyone thinks, here are the details:Property: Duplex, both sides ar...
I've always wondering why wholesaler's don't become realtors?
Sure there is more work involved but you can make 3 to 6% on most of your deals, which might be better than the 'assingment fee'. Also, you are able to re...