Helen Bollinger
Multi-Units: What makes it a "deal" for you?
Just curious about the general consensus out there for investors looking for turnkey multi units.... are you most interested in cap rate, cash flow, ROI, etc? What specific criteria and at what number is it a deal wo...
Account Closed
The legalities of Wholesaling
I want to start by saying: WHOLESALING IS NOT ILLEGAL. Wholesaling is buying a property at a discount and selling it to an investor or anyone who isn't the end user. I'll address a few common questions and misconcepti...
Rico See
Closing costs on an investment property loan.
How much in closing costs on an investment property loan should I expect to pay?
I'm closing on a turnkey in Memphis soon.
Justin B.
Seller financing with pm/hm for downpayment?
Does anyone buy seller-financed multifamily properties with private or hard money down?
I dont want to blow my wad(150k+), in fact prefer to use opm if I can to purchase as many rentals as possible. How would...
Julio C.
Is 12% CoC and $100 of free cash flow per unit too much?
Today a realtor I made an offer told me, in a few words, that my goals were crazy. Sure, it was a low ball almost 1/3 less of the asking price. But the offer is what make sense for my goals: 12% CoC and $100 of free c...
Michael Hopkins
What's considered a BRRRR success in Canada?
Question regarding the Perfect BRRRR Deal. Just going through the ARV/FMV research. Of course the perfect BRRRR deal is to recoup all your money invested. Down payment + rehab costs + holding, etc. In the market I’m l...
Jason Wilson
Break It Down Please O_0
I dont understand the purchase agreement and how it should be filled out. Is this a good one to use as far as having an out clause?CONTRACT FOR THE PURCHASE & SALE OF REAL ESTATEDate: On this day of, 2013 PARTIES...
Matt Devincenzo
Do you deny applicants.....?
I just responded to a post with regards to "income source" as being excluded as a reason for a rental denial, but it is rooted in a fear of "perceived" illegal discrimination.I noticed that immediately the advice is t...
Mike H.
DSCR - why don't all lenders calculate the same way?
I gotta ask. Why in the world do all these goofy commercial lenders use DSCR calculations as part of their guidelines yet so many of them calculate it differently?Why don't the moronic lenders just change the dscr num...
Bjorn Ahlblad
Zillow, Redfin etc are great but don't trust the numbers!
I love Zillow and Redfin, Realtor too.; but I always do my own math especially up front. I really like to use rough estimates, 1% rule, 50% rule, etc. Just don't base it on the numbers you get from the listing. The ta...