Account Closed
?How much should one pay for a 1st position NPN?
It would seem that if the formula for buying a fix&flip is 70% x ARV - Rehab, then the formula for buying a NPN that you intend to foreclose/fix/flip should be x% x ARV - Rehab, where x% is less than 70%, but w...
Jonathan Ramsuchit
Looking to buy my first property. 2 separate 5 units.
Hello everyone,
I am looking to buy a 2, 5 unit residential building for 400k. The owner is selling it as a package. The gross rent for both buildings is 84k and Noi before debt is 65k without accounting for ...
Trent Glace
Expedited mortgage to gain equity or ride it out?
Hi all, I've been lurking behind the scenes for about 2 months but this is my first post.My wife and I have a LLC set up and are diving into the industry starting with duplex, triplex, and 4-plex units. We are workin...
Clayton Silva
Hot Topic: Fed Cut Won't Do Much (Sept 2024)
It's still just over 3 weeks away, but questions are already ramping up regarding the impact of the Fed's rate cut on mortgage rates. Here is exactly what the rate cut itself will do: NOTHING!
The easiest way to und...
John W Babiak
Rules of Thumb for Vacation Rental Properties
I'm considering purchasing some properties in Southeast Florida over the next couple of years.
Would anyone care to share some rules of thumb or general advice about vacation rental properties?
John
Gary P.
CD's, Turn Key REI, Stock Options comparison
A post in the landlording section inspired me to review and post numbers. One thing to think you are being honest with yourself, quite another to put it out there for critique by more seasoned investors.Putting my num...
Bret Rubash
How can I become an investor? & start Buy & Hold
29 years old Looking at becoming an entrepreneur starting my own business, Buying homes Via Sellers Finance, We sold our home through sellers finance it was a breeze. I asked how they do it they said they aren't part ...
Daniel Tisdale
Buying a Rental Property that has negative cash flow in Austin
Hi,I have been presented with a very unique and rare opportunity to purchase the home right next door to me in a very hot neighborhood in Austin, TX. Because of this opportunity to potentially sell both lots to a deve...
Terry Lao
Listing prices are insane now in Las Vegas vs comps
The listing prices now are insane versus the closed comparable for multi units, specifically 4plexs in Las Vegas. I understand the hype with Realtor.com listing Las Vegas as #1 top 100 cities forecast for 2018. I unde...
Jeff B.
Why non-performing notes?
I can understand investing in notes backed by real property.I can't understand intentionally buying a non-performing note.In either case, the only security is a position in the foreclosure queue, but unless you're in ...