I've been looking to get in the commercial multi family business, can you guys tell me what are some good exit strategies, if I have a 30 year term/amortization; 5 year fixed Int. Rate: 5.29%.
Hey everybody!I am a somewhat newbie investor, I have one SFH and have had it rented for about a year. I originally had the plan of moving from SFH to SFH and renting out the old one over and over until I had 5 or 6 r...
I have this house under contract and this is the second month that the house have been on the market. I cannot find any buyers for the price the seller is wanting, the seller will not back down from his " AS IS" pr...
Could someone help me kick around some ideas for exit strategy development? After talking to our lender about a loan mod they've requested that we submit a package covering what's going on, how we want the loan to be ...
I'm looking around for a portfolio lender that will finance me for a non-warrantable condo and finally found one. The condo is in the $175-200k range. They offer a 10/1 ARM with a 30 year loan term at 4.25% with 25% d...
Just bought a SFH in Phoenix,, AZ as a primary residence with the intent of living in it for 2 years and then airbnb or long term renting after those 2 years are up. We missed some major structural issues in our inspe...
Hello BP,I'm looking for some advice. I've got a deal under contract in Cincinnati Oh. It's a 5 plex but city officially sees it as a 4 unit because when the original owner filed the paperwork that was the classificat...
Hello all,
I have been secretly trolling these forums for several years without any activity. Before starting, I want to thank all of you users, as you offer much needed detailed advice on everything in the world of...
Looking for those who are versed in calculating probabilities notes. I am looking to increase our bidding model to include probability. Anyone have suggestions how to do that and capture large data?Fields I am inte...
I’m wondering what the exit strategy is for a borrower on bankruptcy. I was reaching up to follow up with a seller I’d bought a note from. He asked me if I’d be open to a note in bankruptcy. I realized that I don’t ...