Matthew Lindsey
Commercial loan question.
Hi, Ill start by saying I am a newbie. I just made my first investment in July on a two duplexes. I really enjoy being a landlord so far. I have recently taken the approach of sending letters to owners of multifamily ...
Billy Bob
What are potential issues with private money lenders?
I'm considering using a PML and putting up a rental property I own out-right to buy another investment property for cash. It would be a 50% LTV. The lender would be the mortgage holder on the Deed on the propert...
Ken Parker
Advise on selling with land installment contract in Maryland.
3 months ago, I bought a condo and I've just rented it to a nice family, the father, 3 kids and grandma.
The father told me that he loved the property and I approached him about buying it. He doesn't have any money t...
Samuel Ksiazkieicz
80/20 Mortgages...both by same bank? Options?
Hey yall, Ive come upon a few 80/20 loans that were written by the same bank and was wondering if there is any different way of dealing with them. Seems to me they would have to go as a normal short, but I wasnt sure...
Jim Murphy
Credit Woes
Lat year while my divorce was ongoing , there were several credit cards that we fought over, who should pay what etc etc this resulted in 2 credit cards going late for an extended period. Also during that time we had...
Christopher Giannino
Good or bad idea
I recently looked at a house that I'm interested in putting an offer in on. It's 4 bed room, 2 full bath house with a little over 1500 sq. ft. The sellers are a young couple and are expecting a baby within the next fe...
Matt Schelberg
The Strangest Rejection I've Ever Received
I recently had an interesting rejection from a respondent to my direct mail campaign...by far the strangest one I've received. Hope to get some creative ideas on how I can respond to the owner so I can buy her house....
Burr Guy
How does the negotiations go in buying real estate
I am in an extremely tough market in California and the realtor that
is sending me deals is a family friend who is hard to approach. I am analysing deals and none of them make sense. No cashflow. no discounts, but t...
Sandy Uhlmann
Is there any way to add rehab costs into a property I plan to buy for 1031 exchange?
When doing a 1031 Exchange, is there any way that I can purchase a property that needs fixing up and have the actual property acquisition price plus the rehab price considered when doing the Exchange? I have a house t...
Nick Foundas
Cash Out Refinance
I was wondering if someone could explain how a cash out refi works in more detail. This might be an option for me but wanted to get a greater understanding before I went into a local bank, I figure the less basic/ele...