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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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Since moving to Branson, Missouri from the UK 5 years ago, I wanted to share some reason why I personally invest in the area and as a local Realtor, serve many clients from all over the world, educating them on the re...
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Hi everyone,Newbie here. Looking for my very first rental property purchase (buy and hold). So first, I'd need to find the right US market. Would like to base this search on the RTP ratio. Can someone pls point me to ...
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In his book " How to Be a Quick Turn Real Estate Entrepreneur in Any Economy" Real Estate guru Ron Legrand claims that your MAO(Most Allowable Offer)shouldn't go above 70% of the ARV(After Repair Value)of a property. ...
which is the better option, assuming you have the cash? what advantages do you get from buying with cash and then refinancing after?i'm mainly interested in this approach because, from what i've read, it allows you to...
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You hear about wholesailing REO but no one knows about it.
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I have about 10k to invest into a buy/rehab and flip property. Clearly that’s not enough to get started, any lenders that are willing to work with a newbie? I cannot use a bank due to the fact that my credit isn’t up ...
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Good evening. I posted this same question in the Mortgage and Financing forum and received some great insight from the lending perspective. I'd like to get some feedback from those with an extensive knowledge of real ...
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Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
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Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...