Account Closed
Notes underwritten with Itin numbers less valuable?
I work for a mortgage company and we underwrite private notes for investors One of our programs is that we underwrite for owner occupants with iTIN numbers. Are these notes discounted more than other notes even though...
Ashley C.
prioritizing exit strategies on rehabs
I'm a newbie investor planning to rehab with private lender funds. How do I prioritize my list of potential exit strategies so I protect profit while cashing out my lender as agreed? I plan to buy and rehab so well it...
Rivy S.
First Successful Wrap!
I've been focusing on wraps instead of rentals because I find that the margins here in the DFW area are really tough to cashflow for rentals (if you are conservative with reserves). Also property taxes go up so much a...
Jeff He
Discounted Rent for Upfront Payment
Question for the landlords and property managers out there. If a tenant offered to pay all 12 months of rent upfront on a 12 month lease. 1) Would you take it?2) Would you offer a discount for this upfront payment? If...
Alex Jean Baptiste
Seller financing strategy?
So I’m new to this so either this strategy might seem fairly simple to some or maybe it’s a terrible strategy. 3 family owner may have a property for 800,000. Could you have them agree to selling it to you for $600,00...
Ayo F.
Short Sale Profits Potential
Hello All,
Please I would like to know how much an investor can realistically expect to make on a Short Sale. How much are you guys averaging on your shorts? I have heard that banks are only discounting to about 83% ...
Kian Tajadod
Flipping in a hot market
The housing market is and has been quite strong, making it tougher to find good deals. The way to get the best deal is definitely looking off market. Recently I was thinking if it would make sense to find listed prope...
Bienes Raices
Getting lowballs accepted, is it possible?
Has anyone been successful at doing this with the short sales listed on MLS, or does the bank always just wait to put it to auction in hopes of getting more $$$? There are houses in my area that have been literally be...
Jefferson Kim
Orange County Auctions Selling at less than 15% Discount?
From the auctions in Orange County from July 30, 2015 to August 18, it seems to be the case that auction winning bids are less than 15% discounted from market prices.https://docs.google.com/spreadsheets/d/1Gta1Q8JMFC....
Jozef Forgac
Flip HUD with TRANSACTIONAL funding?
I have recently found a Realtor specializing in HUD & VA properties in Florida with many available inventories for sale, such as non performing assets.
Does anyone have experience with flipping these properties...