Hi - Me and my partner(Tom) have been investing together for some time. We started a new ABC LLC with a common friend(John) and got a deal under contract due on financing(75% LTV). Come to find out lenders had a probl...
Hi All, I'm looking at a 140 years old property, 4 unit, 4800 sqft. And I'm wondering what should I estimate as a rehab costs if I needed to do everything - electrical, heating system, drywall, resurfacing floors ....
Hello, I’m looking for some private money in Columbus Ohio to buy a rental property. Does anyone know of any lenders? I currently own 4 rentals with a total of 6 doors. I was going to go to a meeting that I read about...
What are the questions I should be asking the lenders. I’ve herd of people getting their loans recalled back at a moments notice.I’m just very cautious. I am going too the closing table next week.
Hello,
Does anyone have experience enforcing a PA via arbitration or law suit for specific performance? Wondering if arbitration is the way to go? Seller backed out of the deal last minute leaving me high and dry af...
Hello All,I identified a motel that would make great apartments approx 14500 sq feet total. Calculating an average apartment size of 800 sq ft going for a median price of $750 a month conservatively. I calculate you ...
In the words of Salvatore Buscemi, I have a date to the Prom and now I need a prom dress. I have very little liquid capital to invest in this deal and would like advice on how to structure it. I want to hold it for a...
I am new to the business and I am learning as I go. I have had a few deals fall through because we have had lack of funding by the closing date. My partner and I are extremely frustrated with these recent events.I hav...
In my area the county does not assign the tax deed to the auction winner until about 30 days after the sale. They also do not let you collect rents, evict or basically look or think about the property after the sale ...
Has anyone purchased a commercial retail space property with living space above and used to living space as a short term rental? From a tax perspective can the building be divided by square footage with the retail spa...