Peter Halliday
Exit Strategies for Borrower in Bankrupcy
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 ...
Dan Denton
Exit strategies with rising interest rates
I am curious to know how those with multi-family/apartment investing experience factor rising interest rates into their exit strategies. Since most commercial financing is short term (compared to residential) a sale o...
Eric John
Crazy Neighbor Drama= FHA Early Exit
We purchased a townhome with the intent of living in it long term. It turned out the neighboring tenant was a raging alcoholic with mental health issues. He was blasting his music late one night and pulled a shotgun o...
Christy Osterkamp
Exit strategy if Escrows don't close
Our first 3 escrows are set to close on December 19. But I know that "prequalification" doesn't guarantee we will be awarded the mortgages we applied for.Anyone want to share their exit strategies if funding falls th...
Christian Smith
Exit strategies....What would you do?
I purchased a beautiful 3/2 single family back in February for 75k. Total investment including repairs, updating, and closing costs is 88k. I've done my comps for the area and figured the ARV to be 130k. I still owe ...
Jim Francis
Refinance Help or Exit Strategy Ssuggestions
Hey I'm Jim and I'm new here. Really been loving the wisdom and networking here.I have a Lease with Option to buy for 5 years...in the 2nd year now...have a tenant in the property that has paid on time for 2 years lik...
Tony Marcelle
What is the preferred exit strategy?
What is the preferred exit strategy for buying and selling homes BEFORE they go to the auction? Let's assume the buyer will pay cash upfront to cover all of the debt owed on the house. What is the recommended exit str...
Michael Lee
Exit on a lease option (resell)
Hello BP,Anyone familiar with the best way to exit a lease option with a resell?We acquired a property using a lease option. We renovated the property and is now ready for the resell. What is the best way to set up th...
Account Closed
Exiting tenant is not paying rent
The seller just provided us the financials and rent rolls for the current tenant. She has not been paying for the past 7 months. Per my agent, the seller said that the tenant stop paying because she informed her that...
Dave Godfrey
Seller financing and exiting the property
I am thinking about offering a couple options to a seller on a specific property. (Cash offer and seller financing)Property is priced quite high and it doesn't make sense currently. However, they are open to seller ...