Hello everyone,My name is Mike and I have been a lurker on here on and off for about a year. I have been around real estate investing since I was a kid (I did not know it at the time). Growing up my Dad owned a fourpl...
So without going into extreme details. I had a property that I financed with a very shady hard money lender. Long story short lender stopped releasing draws and properties construction stopped as a result of it. I’m n...
So, I have a 2 bed 1.5 bath house in a 5 unit townhouse (906 sq ft), 2 carports, with HOA. I got the place at $175k and I'm currently at $158k and my apr is at 3.25% with a mortgage of $976 per month. Insurance is no ...
My contractor is asking for payment via wire transfer. Is this common practice for investors? I don't have an issue paying the fee on the larger draws to make sure he gets paid faster (I'm an hour away and sometimes t...
Hello,
We are in the process of possibly moving forward with RLS. Can anyone offer any feedback (positive or negative) with regard to their service, in particular the series LLC. Did you have to sign a gift deed tran...
Those of you raising funds from outside investors to purchase notes (or any type of debt for that matter) have you found it a prerequisite to be a registered investment advisor in your area?
Are there any hard money/private money lenders that openly allow you to wrap their money with a note to an end buyer?
I have an unusual situation:
I own a property which is under contract to sell to my tenants on Nov 1. This happened because they wanted to buy it immediately after I bought it but there is a 3 month deed restriction...
On Monday, we presented our 253-unit townhome Planned Unit Development (PUD) to the City Commission and received a favorable 4/5 vote!We believe that to solve the ongoing challenges surrounding affordable housing, we ...
Hi everyone;
Is the construction industry known for being boom & bust, or was this last cycle an unusual circumstance?
Thanks