Jeremy England
Triplex appraisal value
I'm thinking of bidding on a triplex at a county auction and wanted to get the input from people here on placing a value on the property. The building is in a c-d neighborhood, although the street it is on is better ...
Chris Schlechta
Help structuring wholesale deal
Greetings, We are working with a new wholesaler and trying to structure an assignment of contract (our first purchase from a wholesaler). The current contract the wholesaler has is not assignable, however he will cor...
Jim Bowser
Can you do a short sale after auction during redemption?
For those of you that do short sales, have you run into situations (or is it the norm?) that banks will not do short sales if the foreclosure sale occurs, even if there is a 6 month redemption period (Michigan)? I've...
Rollin Buffington
LLC Listed on Mortgage, but not Title
Hey all,Just had a quick question. We recently moved a property into our LLC from a business partners personal loan. We had no problems at all and the bank was happy to do so with no issue. Does the Title now need to ...
Jonathan Boyd
Inaccurate Propstream data
Has anyone had recent problems with PropStream data? I use PropStream for list pulling and comps (mainly comps) and have found that in the least few months their system is providing wildly inaccruate data. And before ...
Andrew Postell
HOW TO: Avoid the “DUE ON SALE” Clause
In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...
Arun Iyengar
What Cap Rates would make the property attractive?
Cap Rates and GRM (Gross Rent Multiple) set the stage for pricing a property. As interest rates decline, Cap Rates tend to go down and GRM tends to go up., and the pricing of the Multi-family apartment reflects this. ...
Nathan Dobbins
Motivated Seller Websites
Hello all! I have found a few websites like HappyInvestor.com and Hubzu.com that claim to have good leads on deals in the area. Has anyone ever used them and how accurate is the information? Is there a website that...
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
Tom Murphy
Investor to take my 1st position on rental portfolio in WVA
Looking for advice on how to get in front of private money lenders who would be willing to take my 1st position in a portfolio of six SFHs and one duplex in Charleston, WVA. My acquisition loan is at a high interest ...