Hey all, I'm looking for advice on how to handle a situation with a newly purchased duplex in Colorado Springs. After purchasing the property just a few weeks ago I was on site to work on some needed repairs. I was ta...
What kind of rates are investors getting from private lenders? What's the holding period? Are the payments interest only?
To me a "cash offer" doesn't necessarily mean all cash, it simply means that I'm waiving the typical financing contingency clause and also not making the seller pay any portion of points towards a mortgage. It's a mo...
I must say I'm 98% inspired and 2% frustrated, but thought a mildly inflammatory title might get more views. :)First off, if you haven't read Chris Voss' "Never Split the Difference" and listened to podcast "The Ultim...
It seems that Clayton Morris is willing to do anything he can to suppress the voices of those investors who claim to have lost money investing with his company Morris Invest. After loosing his copyright claim with You...
I have searched the forums and blogs on the subject, and it seems to be slightly leaning toward CPA/professional preparation.I have used a professional for the last 10 years and each year, my costs have increased (we ...
I am planning to buy a fixer upper and make it a B & B. I'm torn about using a general contractor vs. doing the general contracting myself.CONs of Hiring a General Contractor:1. They are reputed to suck big time ...
I have a borrower (self-employed) who is purchasing a 640k property in Orlando area who has had to clear up unexpected conditions in order to obtain a loan commitment, but he has done what was needed and we're back on...
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...