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I run a real estate investing business in Florida, where we are acquiring properties through various channels, rehabbing and selling them. We started with a few per year, but have progressed to 1 per month at the m...
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For context, we live in our primary residence and rent out the other rooms in the house. One of the tenants has been causing issues with other tenants. One tenant already moved out, and another one is thinking of mov...
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Hi, I just ran into an unusual situation and was wondering what experience others have. I have had multiple commercial loans over the years, and many now require a fresh set of financial statements, rent rolls, etc. ...
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I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...
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Hi all. I'm very interested in getting into the note business, and have been checking out Dave Van Horn's PPR company. I would almost definitely be starting out with the more passive performing notes. I've watched ...
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Hey guys,
I am considering a duplex in Texas and currently have one pre-qualification letter for a conventional loan with 25% down from one lender recommended by realtor.
I am not too happy with a 4.25% rate and point...
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Hello all,I have recently been approached by family members as my business starts to grow about them lending money to me. They are interested in the returns and not in the hands on parts of the business. I was thinki...
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I came across an interesting situation. there are (4) foreclosures that I have looked at and Matt at Montezuma Realty has informed me that they are the result of an owner who took out a reverse mortgage and subsewuen...
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I’m going to be shopping for a hard money loan for an upcoming duplex acquisition and rehab.1. What are red flags that would signal ‘this is a terrible deal/rate/terms/they are crooks’? What should I avoid? 2. What ar...
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Question: Should I network to find a partner and hard money lender BEFORE or AFTER finding a deal?Background: I am new to the investing world with only 1 renovated 3-flat in Chicago and 15k in savings. In order to fin...