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I was approached via email an offer for private funding. The terms seem too good to be true. 100% financing. 100%LTV. Loan term 1- 5 years. Option to pay monthly or annually. No prepayment penalty. All funding upfront...
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Closed on it today, it's a 2 bed 1 bath in Portsmouth, VA. Purchased it for $30,000, after closing costs it was $31,650.15. Planning on placing a tenant buyer in there for $975 a month. Taxes and insurance will set me...
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I have two properties that both came up for rent on May 1st. One is an investment property in Pittsburgh, PA. The other was our primary residence in San Francisco. (We’re moving out of the PR and renting it out). I...
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Don't let your excitement and determination to get a deal funded blind you to the notorious red flags of so called Private Money Lenders. Believe me I know, I've dealt with enough PMLs to see the red flags before they...
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What’s the best marketing piece for probate:
A. Yellow Letter with Red Font
B. White letter with Black Font
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Hello,
Let me introduce myself first; My name is Ben, I am an electrical engineer, MBA student, and small-time entrepreneur in Cincinnati Ohio. I got here from searching to learn about foreclosures, flipping, and RE...
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I’m showing a property today and 2 days from nowA tennant offered $150 over rent if he can sight today. But I haven’t shown it to everybody who applied Seems unfair but it’s tempting Legal?What would you do?Thanks
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So I just started investing in real estate and I have had no luck closing on any of my deals, or even getting under contract. The real estate agent who was showing me the properties actually quit on me when I put in m...
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Hello. I have some potential tenants that are interested in renting an apartment sight unseen above and beyond some pictures online. They are from away. Should this be considered a red flag even if they seem to fit...
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My partner and I are currently looking into purchasing our first rental property. It is a rental that has had one owner for the past 25+ years. My partner and I are in the early stages of our real estate journey, and ...