Blake Donald
Calling all investors (Newbie Questions when first starting out)
After much research I recently purchased my first home as a primary residence.FYI (Purchase Price - $132,500 Renovations - $ 34,000Appraised at $190,000 before renovationsI think I did a decent deal for my first time ...
Lee Scarlett
HARD MONEY QUESTION
@John Thedford, is it common for HM lenders to finance the purchase of a property but not finance the rehab?
Aaron Barrett
Will banks allow a full owner carried 2nd for no down payment?
There is a commercial property for sale in my area that the owner stated he would be willing to do a second mortgage on. He is asking $255k. If he is willing to do the full 20% so I don’t have to put any money down wi...
Dustin Verley
Anyone Ever Used OPM for Turn Key Rental?
Hopefully, this is the optimal forum for this as I had a slight disagreement with myself whether this forum would yield the better response. :)In my local area, it seems that there are quite a few locations that I've ...
Davit Gharibyan
Asking Questions To Syndicators
Hi guys, I need your advise/suggestions.When and if you'd invest in syndicators deal what questions would you ask to learn more about the process and vet the syndication. Let's say I am clueless about the whole thing ...
Josh McCullough
Reducing turnover
What are y'all doing to reduce turnover in your homes, or lots? Are you using credit checks? It just seems like everyone(at least around here) has bad credit. Stable income at least 3x's total housing payment? Do y'al...
Christopher Wraback
Active Manager - how to get paid?
I am looking at buying a rental property in New Jersey. I have found it, done the analysis, and determined that it is a sound investment property and ready to purchase. I have a funding partner who is putting all of t...
Chanté Owens
What Investors and Partners Look for in a Proposal?
In the same spirit of @Karen Margreaves "Skin in the Game" thread; I've seen a lot of people inquiring as to what investors and/or potential partners look for when deciding who they will work with.
Some of my...
Chase Rule
Low money down options
A mentor of mine with 400 units had said I can use a large seller credit to cover most of the down payment on a property I'm looking at. The DSCR lenders and Commercial bankers I've spoken with don't know what I'm tal...
Brad Hornecker
Borrowing a Down Payment from a Friend for a Fix & Flip
First of all, here's the basic info on this flip deal.$450K Purchase Price$570K ARV$30K RepairsI initially reached out to my best friend who has talked with me on partnering in the past. He is a successful profession...