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Hello all - I need some advice on a deal I'm working on, I welcome any suggestions.
ARV $250k
1st $82k
2nd $52k
repairs $10k
The home owner is one month behind on his payments. With the 2nd in a vunerable positio...
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I hope I am posting in the right forum. If not, please let me know and thanks in advance for not judging me on my bad investment :)In 2007, I thought I could make some $$ on a preconstruction flip.I bought a very nic...
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Looking for suggestions...so, relatively new investor here, we have about 6 units total. Our newest acquisition is our first to do with private money lenders. We had planned on using hard money to fund the rehab, but ...
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Hey Everyone,
I am a recent college grad who landed a job underwriting loans for a bank. While the job has provided me with some extremely useful insights into how banks operate and look at individual loans, my real...
Hello,I have a flipper business associate that I loan money for rehab projects in Portland Oregon. He uses a business loan to purchase the property (historically 50-60 cents to the dollar for selling price) and I loa...
My brother had a chance to sell his first house and only make 15,000. He’s moving from Virginia to Texas and is curious about what his options are. I told him he could take that money and invest with me on fixing and ...
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Hard money lending is an investment in a debt position as opposed to an equity position. The returns are projected to be lower than an equity investment, but are generally accepted to be safer and more predictable.
S...
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It seems like the folks that are actually succeeding at a high rate in real estate have lots of cash, little debt, a strong savings rate, and excellent credit. The folks that are buying while lacking in those areas su...
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Hey everyone, I've recently been able to position myself to consider getting into STRs. The decision I'm trying to make is, do I:A) update, furnish, and STR my current home on the panhandle within 10 mins of Pensacola...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Calgary.
Purchase price: $260,000
Cash invested: $40,000
Property is in Calgary, Alberta, CANADA (no option in location fo...