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Today I had a meeting with the Branch Manager of a commercial bank. I took my 2 binders detailing out my 5 C's all suited up and ready to get that Business line of credit or approval to get a commercial rap loan for ...
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I have a few questions in regards to purchasing a Performing Note, What does UPB stand for? It is a percentage down on the actual asking price of the Performing Note? Also if a percentage is not being requested, ar...
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Hey BP,I am in the process of buying my first rental property. I live just outside of Boston, MA and plan to buy a property within 30 minutes of my current residence using FHA financing. I found a couple of deals that...
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I am pretty fed up with paying my property manager 25%. It really cuts into the rental payouts. Between the upkeep and the property manager, I am losing money every month. I have a call with Evolve tomorrow. The 10% s...
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Good morning everyone, it's been a year since I last showed up here, looking for advice from investors with proven success records in real estate. I took your advice but was too timid to take the first step and dive ...
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Hi All,I'm working my way through "The Book on Flipping Houses" by J Scott, and am currently working to identify a prospective farming area.When trying to gauge whether there are buyers in an area, J suggests that at ...
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I keep reading advice to talk to a lawyer or have a lawyer do certain things for you to make sure everything is good (ie for forming your LLC, and other real estate transactions).However, I have this notion that lawye...
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Hey folks,
I have a SDIRA through Equity Trust Company. Just purchased a condo that need renovation.
I want to issue a single check from the SDIRA to Home Depot and then have my contractor or myself make purchases ...
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Greetings. I own a property that I am planning to sell, it will have long term cap gain. I don't certainly want to invest all 100 % of the proceeds into another property. Say only 50% of the proceeds goes into another...
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My husband and I own a side by side duplex in the suburbs of Wisconsin. We signed new tenants to a lease in July and honestly they've been nothing but trouble since then. They break the blinds then want us to pay for ...