Phillip Le
My first deal - Multi-Family yes or no?
Hello,I'm a newbie REI, looking for my first deal, so any advice will be much appreciated. I've been looking at this deal below, the asking price seems very fair but from the pictures, it seems like it needs a lot of ...
Account Closed
Cash Our Refinance on my duplex for $60k
Hello BP.I am in the process of Cash Out Refinance my duplex and Pull out around $60k. I am trying to use that money to invest more into multi-Family and would like to use it to it best. do you have any recommendatio...
David Kindopp
NEW MEMBER FROM CALIFORNIA
Hello, my name is David Kindopp, I've been a licensed real estate broker for 38 years, the past 15 or so, of which I have been arranging private money real estate loans. After many years as an independent mortgage...
Brandon Hicks
Who's your next private money lender??
Who's your next private money lender? I can't answer this question and I'm guessing that most on here can't either. I received an interesting email today from one of my tenants. He's a gentleman in his 50's with a gre...
Dave S.
Proof of funds with private investor
Beginner question here, what is the right method to peruse a house using a private loan. I need a proof of funds letter to show the seller / seller agent. What does this letter have to say? I heard you can use a pictu...
Carlos Gaiter
Rooming House
What steps should I take first in order to start a rooming house in Akron, Ohio, such as permits, zoning laws, city ordinances and things of that nature?
Doran Brooks
Buying first investment property - Lending Help / Options
Hello Everyone,
I just bought a home in the Pontiac, MI area. First home, with a conventional loan, 4.1%.
I am looking at my first investment property. 2-4 plex in the <$100k range (which there are several).
...
Account Closed
Don't make this common mistake when applying for a hard money loan... here's a tip!
When applying for a hard money loan.... Complete all of the information possible when submitting your loan request to a loan. Be specific. Be detailed but don’t go overboard. Make sure all of the information is accura...
Jonathan Plant
Questions to ask and roles to assign for syndicated deal...
I’m inquiring of those that have experience in this process. What are the top 4 things that come to mind when structuring for a 4-plex residential deal? - top 4 roles you assign.- key players in deal. - top 4 question...
Daniel Winsor
Newbie just starting out - Key West
Hello all! Been a member for a while, but finally getting serious and posting.Daniel WinsorBackground: Bought my first home two years ago. Just leased it starting this month following a work move. Assisted in a couple...