Hi everyone, I am a year out of college and eager to get more involved in the real estate industry. I have been working with a platform management company for about a year now and want to expand my horizons and learn ...
My wife and I are scheduled to close on a HELOC this upcoming week and throughout the process banks advertised interest only payments during the draw/advancement period of 10 years. When I received the final paperwor...
Hello All,Recently I have been reading up on Foreclosures, and I went online to look at some foreclosed properties (Auction.com), but there's something I don't quite understand...I noticed that the starting bid for a ...
Situation:
Two old houses have been demolished. We have enough land for a 25-unit apartment. The costs have already accrued for the demolition and permit for the new apartment is approved. The improvement cost includ...
I know what a preferred return is, and I've heard people say that there are deals when it makes sense, and deals when it doesn't. Obviously I'm only looking at equity deals here.Thanks!!
For those of you invested in syndications with preferred returns, how does your sponsor communicate and track that preferred return if it is deferred? In the early stages of a deal after close, the preferred return in...
To maintain a credit card balance and build cash reserves, or keep my $ cash low while aggressively paying down debt?My goal for this year is to save $$ and build a healthy cash reserve. For years I've been in the hab...
Hello i read an article by J. Scott where he refers to a spreadsheet. The article is great and the Spreadsheet really good. I was able to follow the Example on my own Except the Equity accrued. His Example ...
My wife and I have money that we are considering investing in real estate. I know a guy that needs funds to complete rehab projects. I'm very new to this field and I need information on profit splits. I am considering...
I have a question regarding modifying a defaulted 1st lien on a property. Here is an example. The original payment was extremely low, say $200. It was since defaulted on years ago, and now arrears have accrued. Is the...