Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $285,000
This is a 7 unit building that I purchased in 2005. There were a lot of repairs needed, so I prioritized...
Has anybody heard of or used a website that offers a list of private money lendersis this a scam
Hey all, So I have several interested investors who have seen the 2 houses that I have remodeled and are interested in lending me private money. Now my only hang up is... What are the logistics of this? I'm just tryin...
How is everybody doing?! I hope life is good and business is moving upward for everyone. I just wanted anyone's 2 cents on this: I have a deal lined up where the property has the foundation and framing only. I have a ...
Hey all,For those using private money from personal relationships - in this case - on rehab projects - what are your opinions on flat rate returns vs annualized?10% flat rate on $100,000 is quite different than 10% a...
I was approached by a contractor who I've had a personal relationship before business. The GC is near my age and we've known each other for many years. He owns a business that handles rehabs and construction for big c...
I have bad credit right now, I’m recently recovered from Alcoholism and starting to get my life back on track. How important is building a good relationship with my bank? Will they offer me a loan after having multipl...
Every time I hire a contractor I am faced with either A) an absolutely absurd estimate, that I can't even consider paying (e.g. $25k to replace a basic wood deck) or B) sloppy work where I have to babysit or fire the ...
My brother and I have a potential deal in Las Vegas. The owner is a good friend of ours and agreed to do a deal with us if we helped him rehab the property. I have limited knowledge of Sub To deals, despite Pace Morby...
Hey guys,
I'm an out of country investor (let alone out of state) from Canada. I've gotten approval from a US bank by using my Canadian credit history- RBC Georgia NA (a subsidiary from RBC Bank Canada).
The loa...