Haley Cisar
Lending options for a duplex!
Hey yall, I found a great duplex in Indianapolis I'm looking to buy and hold. Just need some cosmetic updates. They are asking 109k and we are able to put down 25-30%. Our current lender will not loan due to the loan ...
Bruce L.
Making Owner Financing attractive to seller
I have found a 2 unit multi-family property selling for 750k. Taxes are $15k/yrRent roll is $4300/mo, or $51,600/yrSo gross operating income is $36,600 not taking into account vacancies and other potential expenses.Th...
Cartus Aikens
Buying process for Commercial ?
What is the process for buying a commercial building or a church? We have the funds but want to know the process.1.2.3....ect
Andrew R.
Strategies to Re-fi a turnkey rental?
Since my turnkey rental was already rehabbed, I can't just fix it up and improve the appraised value quickly. So what's the strategy for how/when to refi a turnkey rental to get some cash out of the equity? Can I tak...
Jeremy Segermeister
Mortgage Forbearance Impacting Credit Score?
Hi All,
I still can't seem to get a clear answer on exactly how loan forbearance will impact credit reports (not scores). I understand it will not impact my score, however, banks will see that I am in forbearance (wh...
Bob Foglia
Oklahoma Tenant/Landlord Law re: Habitability
I find myself in a bit of a dilemma. My tenants had to be out of their home for almost 2 weeks due to no negligence of their own or mine (sewer main collapsed). Unfortunately, insurance did not cover it so it came ou...
Ky Logue
75 Different Closes You Can Use As A Wholesaler
Want to close more deals? Then ask for the business more. Most people, especially new wholesalers think they are the asking for the business but in reality they are not. Build up the habit of asking for the business a...
Ericka G.
Sue the Bank for Negligence?
Has anyone here ever sued a bank for incompetence? A local bank here epically messed up a deal for me but I was able to salvage it (had to come up with an extra $10-15k in a day) and still closed, but their negligenc...
Larry Varnado
SDIRA Custodian Protection from Bankruptcy?
Hi,
New to SDIRA and researching before plunging in. Reading everything i can get my screen on. One question that i've not found answered:
Suppose i move forward and set up a SDIRA LLC with CheckBook Control. ...
Jerry Zhang
How is Seller Protected if they are in 2nd position?
Hi,
If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?
The example scenario would be if I bought a $1M pr...