Investment Info:
Single-family residence fix & flip investment.
Purchase price: $215,000
Cash invested: $50,000
Sale price: $349,999
My wife and I purchased the home from a f...
Hi Fellow Note Investors,I own a NPN where the market value of the house is actually large enough to cover the UPB + all the accrued payments and fees (3 years). However, I want to be the nice guy and modify the loan...
I am looking at investing in a multi-family residential deal as a passive investor. The paperwork presented to me has the following fee structure for the promotors. Is this standard or am I getting fleeced here?On Ini...
Just as in any other business venture you have to way the risks vs the rewards. Those of you that have successfully started or successfully invest in low income areas what are your thoughts. It's no secret that the lo...
I know I've read on here before that you can include your rehab costs in your mortgage when you buy a property. Need advice on this plz. Pluses and minuses of it. How does it work? Thank you all!
Here is my current situation:30-yr fixed at 4.25%, current loan amount $166200, monthly payment $1115 (PMI included), condo purchased 9/15Refinance terms:30-yr fixed at 4.25%, loan amount $172793, monthly payment $100...
I've got a lady who has a property free and clear. She has a tenant in the property and that tenant wants to buy it. She says that she has been waiting on them to get a loan through the bank but their credit is shot a...
Not sure where to put this topic.I have a contract on 23 units just on the outskirts of Indianapolis. 21 are rented out. Cap rate is 17. I have under contract for $325k.I'm not that familiar with Indy. I've spoken...
If you've watched any of Mitch Steven's Owner Finance videos or listened to his phone calls, do you recommend them? Are they helpful? Are there any better videos to watch?