Freddie Williams
PROBLEM : Need 60k for property worth 147k. RENT TO OWN
My problem is I rehabbed the property with my own funds. Purchasing the property on rent to own contract (3 years) . Work completed and rented out for 900 a month. Now that property is complete. Problem is lenders ask...
Todd Whiddon
The Art of The Deal - Negotiating Strategies
Just listed a new rehab project for sale Friday at 155k, received an email this morning from buyers agent saying client is interested but "only approved" for 146k and needs 7k closing cost.
We are still making a kill...
Whitney Hutten
Looking for a Commercial Lending - 30 year note
Hi! I'm looking to continue to scale my SFR portfolio and look to put a 30-year commercial note on my refinances. Would anyone know of a lender who can do that? I've explored local banks without success. I've foun...
Tevell Williams
Seller financing multifamily
Hello all, I am looking for some sound advice on a possible investment opportunity. I found three owners, of a 20 unit multiuse/multifamily property that they are trying to sell. Each owner owns about 33 1/2%.. The pr...
Benjamin Cowles
Would you hire a guy with one leg to do your cabinets?
He seems to know his stuff, has worked on boats all his life, was able to lay out for me in detail a couple options to redo my kitchen and bath cabinets for $12/hr and he'd use me or someone for grunt work. He lives o...
Kevin Sobilo
Eviction Process Question (Pennsylvania)
I have a tenant who I suspect intends to move out at the end of the month. Her lease is up at the end of the month, but continues month to month unless a new lease is signed. She didn't pay this month and seems to hav...
Darryl Dahlen
Legislation where foreigners can buy $500K of RE for a Visa.
Two Senators have proposed a bill where foreigners can buy a Visa if they buy $500k worth of real estate.
One significant detail to this proposal is that the individual can break up the $500k. They only need to buy ...
Jamie Rose
1031 from 3 unit into 16
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,150,000
Partnered up on a 1031 into a mid size commercial MF in Anchorage (16 units) - no further cash require...
Jonathan Perez
Housing hacking a duplex with mom?
Hey everyone. I have a quick question. In November I plan on house hacking my first property, which will be a duplex. I'm currently living with mom and I plan on hacking it with her. I'll live in one unit and she'll s...
Josh D.
Big Banks Accused of Fraud
Interesting article:
http://www.cnbc.com/id/34877347
I can't remember who but somebody at BiggerPockets called this in a thread about 2nd lien holders requiring outside closing payoffs.