How much money does a typical Hard Money Lender want you to have in the deal? For instance. Lets say a house has a $100k ARV. Purchase price is $50k and needs $15k of work. HML says they loan 65% ARV, but I d...
I closed on this property today. The truth is I don’t want it so I assigned the contract to a different buyer. Problem was my buyer was using a hard money lender and wasn’t able to get funded. They had extended a coup...
As of today IÂ am not a real estate investor. Circumstances are putting me in a position where I have to work hours away from where my primary residence will be (we will be moving shortly). This means IÂ have to spend a...
I am thinking about purchasing a condo in Corpus. I have heard that these are netting $22K per year. Rates are $1,100 per month for the Winter Texans and $185 per night during the summer and spring. Would 50% apply? I...
Hi folks!
I'm just starting out in the world of CRE. This is an awesome forum, and I've been trying to absorb as much as I can. Hopefully one day I can graduate from being an absorber to a contributor :)
I'm looking...
I’ve heard from different people stating it’s easier to find tenant buyers for your rent to own homes. I’m wondering if there’s any truth to this even in a market like LOS ANGELES.
Eager to start in the real estate business!! Any tips?? Thinking about Co-hosting for Airbnb to get started.
My partner and I found a 5 br 3 ba triplex located in west Hollywood hills. The homeowner is selling because he wants to move out of state in Tennessee to build his dream home close to their grand kids. The property ...
I have a friend from Brazil who is interested in purchasing a condo here in Florida for personal use. She asked me for some specifics but truthfully I'm not sure of the rules, regulations, restrictions, IRS nonsen...
Significant other not sharing your enthusiasm for real estate? Maybe you have dreams of buying your first property or going full-time with a real estate business, but your partner isn’t on board. You’re not alone! The...