Tara Williams
How to know if Private Money Lender is legit
I’m looking for a private money lender and one person gave me their info via FB to start applying, but I don’t know how to know if this person is legitimate and not a scammer once he gets my info. He says all he needs...
Edi Mari
How do i know if a lender is legit ?
Hi,First post ever so apologizing up front if this question is not according to forum rules.So, we started a process to finance one of our properties, as we are out of state investors and as this is the first time we ...
Son Phan
How to know if a duplex cost too much?
Hi everyone,First post and first time investor! I am looking to buy a duplex with a FHA loan as owner occupied. My agent has sent me a few properties but in my area in FL it’s around 350-400K For a duplex. The area I ...
Frank Bonzai
Dont know how to analyze an apartment deal deal
Right now i dont know, what i dont know... I'm looking to purchase a 50+ unit apartment deal.
I dont know how to read PL statement/ T12. I know what most of these terms mean as individuals, but when i look at it as...
Daniel Sabato
How to Know Your Land Value vs Home Value
Hi everyone, Can someone explain to me how you're supposed to know the exact value of your home vs the value of the land? As far as I know when tax time rolls around on the depreciation deduction, the land value isn't...
Howard Pritchett
Curious to know how everyone gets financing for rentals
Greetings everyone. For all those who invest in buy and hold real estate, I'm curious to know what strategies have you used and or use to finance your properties. I'm looking to get into another investment and would l...
Patrick Reagan
How to know if your loan terms are good?
How do we know if the terms of our investment loans,such as the interest rate and closing fees, are good?
Andy Wong
HELP: 100k Spread but don't know how to structure!
So my father has a client who's is filing BK in Los Angeles, however they have a 4 bed 2 bath home and owe 192k to first lender and 110k to the second= 302k total owed. Comps show that the market value of the prope...
Jason Eyerly
Debt:Income Ratio - How do I know if I'll qualify?
Hello BP, Now that I'm in The Big Apple, my girlfriend and I are looking to get into REI and build our future here. As a professional trader, I am expecting to have a pretty good salary, so most of the REI business...
Dwaun Elam
Does anyone know how to structure a land deal?
I have a seller that is looking to unload about 40 acres. He is asking about 6K an acre but is willing to take less. My question is how do I structure this deal? Do I use the standard purchase and sale agreement? Or i...