Chad Moore
Question About A Well-Secured Performing Note Paying 12%?
Hello-Thank you everyone for making this site such a valuable and informative resource.I'm involved with a performing note that is currently paying 12% interest. There is approximately 17 years remaining on the note ...
Jason O.
Assignments in NJ considered unlicensed brokering
I just spoke to a NJ real estate commission investigator. He says that assigning contracts in NJ is brokering without a license. He said taking a home that you don't own and selling it for a commission is unlicensed...
Aleko Petkov
Does an older house need to be rewired?
I am rehabbing one apartment in a 1937 triplex in Los Angeles I just bought. Looks like the electricial wiring is original two cloth-insulated wires, although the kitchen and bathroom have three-prong GFI outlets. The...
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Dealing with hardmoney lenders
Dealing with hardmoney lenders
Where to draw the line
Assuming the following expenses in a Real Estate Retail Transaction from end to end
Buying a property expenses
Purchase price
+ Acquisition Expenses (Purchasing...
Karla Kenol
How to approach someone to become a lender for your RE venture
Hello, Im looking to ask some friends and family to become silent partners but as a "lender" only in my RE investing. I am currently an active RE agent and looking to get into investing. What approach do I use and how...
Cynthia Craft
Detroit,Mi Investments- Need suggestions
My name is Cynthia and I am looking for suggestions on buying property in Detroit,Mi and the surrounding areas?
David Katz
When to Pay Down Mortgage Principal Early?
Recently purchased my first turnkey rental and started making payments on the mortgage. Mortgage is about $134,000 at a rate of 4.875%. The property has a positive monthly cashflow of about $300 before factoring in ...
Jung-woong Han
Auction on site by real estate broker?
Write your postHi my name is Han and I am totally new to real estate investment.I was inspired by Lisa Phillips so was looking for property less than 30k at realtor.com.I found property that says 15k and it says it is...
Antonia Partridge
Sell-Financing and Dodd-Frank after remodel
Hi All,I am a owner/seller looking for an interpretation of the term "Builder" under Dodd-Frank in the one transaction per 12 months exclusion for seller financing without a Mortgage Loan Originator. In 2009 I purcha...
Yoni R.
Buy in cash and then mortgage?
Hi I am an investor from Miami. I wanted to know if buying houses in cash and then getting a mortgage on them is a good idea. For example if I buy a house for 100k in cash and the market price is 120k will I get a mor...