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Million $ property I'm trying to work out
You would know the first project I can really sink my teeth in has to be a huge one. HELP HELP HELP!!!!
an appraiser on the local zoning board has talked of this property being approx million dollar property. The r...
Jon Angle
MD Condo Assoc. told me to terminate my lease, Tenant won't go
I own a condo in MD. I leased it for two years, but 9 months in, the Condo Association sent a notice that I had to terminate the lease at 1 year. I immediately notified the tenant so they would have plenty of time t...
Jim Stanley
Want to buy a SFR in pre-foreclosure and want to make sure I don't get burned
I have only bought 2 ways- MLS and through wholesalers so this is my first experience with pre-foreclosure. I want to be sure I will get full clear title (ownership) of the house and not get burned by an outstanding ...
Randy Gross
Auction.com has incorrect listed on home i am high bidder on
on all the paperwork auction has the incorrect city listed. now what? home did not close yet. any chance i can get them to take 5k off my bid or should i just back out of it? they have everything correct except the...
Michael Greer
Small loan = Higher closing costs?
Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...
Zevi Arem
Negotiating on a turnkey property
Is it possible to negotiate a good deal with a turnkey property or most probaly they'll stay firm with their price, what advice would you have for dealing with turnkey sellers.
Faiz Kanash
Is it hard to refinance a hard money loan into a mortgage?
Sorry if this isn't the correct sub to post in.I'm a house flipper, I primarily do fix n flips and recently got an offer from my hard money lender where they want to fund me up 90% of the cost for multi family propert...
Tom Hertel
Shorter Amortization Schedule for Longer Fixed-Rate Period?
I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years). Are smaller banks willing to extend the fixed rate period in "exchange" for a shorter a...
Rick L.
Crunching Numbers: Various Financing Options & Debt Service
I'm transitioning from perusing small residential multifamily properties (2-4 units) and SFH's to larger 10+ unit properties. It's been easy to compare deals since the financing has been strictly conventional fixed r...
Alicia Arizpe
Wholesaling Forumla/s : 70% VS Fixed Cost
I understand the 70% rule and I know of (have yet to practice) the fixed cost method for calculating MOA. However, I’m curious as to which one is best for wholesaling in general. Or is it situational? And for the fixe...