What pitfalls should i avoid in a seller finance situation? Gonna see a homeowner later today and got butterflies!! Newbie here!!
Thank you in advance!!
I've got a 17 acre parcel of land I bought in 2010. I did overpay. I was emotionally attracted to the place for a few reasons. And the land market around here has sunk a bit in the past 2.5 years as well. I am getting...
Can you guys please share about commercial loans?So my understanding its more complicated than residential loans..1) Debt to service ratio should be more than 1.2...What does it mean?2) every 5 years interest rate cha...
I came across a strange listing yesterday that I'm very interested in and have a showing for tomorrow. I haven't been inside yet, so I haven't been able to run the hard numbers.It is a listing for two houses located o...
Hello,I'm looking at some potential out of state SFH investments. The strategy being to use HELOC/cash to purchase and then pull out the cash with refinance. The properties may need some cosmetic update but not look...
Hello All!Let me start by saying that I have NOT bought any properties yet. I am shooting for a property in the next 90 days using the BRRRR method. I know I'll learn more through experience but I still want to gather...
I have a colleague at work who owns 4 rental properties, I know at least 2 of them are located in Illinois. Illinois being the glamorous, tax happy state that it is...I have some questions. Well one mainly. What is th...
When people get into Real Estate investing for the first time, they generally are pretty Doe eyed. They have dreams of making it big but seldom have a realistic vision for what that will entail. It is not uncommon for...
Hello All! I just joined the BP community and have been reading/viewing/listening like crazy. I have been analyzing several properties using the rental calculator and boy, is it easy to try and manipulate the numbers ...
I'd like to do a direct mail campaign to property tax delinquent houses in my county (colorado). I realize this may be too wordy, but is anything in my proposed mailer illegal, or fraud?????