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What are some thumb rules or guidelines while investing( For eg : $500,000 to $1,000,000) in commercial multi family apartment units ?
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Hi all,I have 3 small cleaning companies that I use regularly spread across over a dozen STR homes. Each has put in bids for what they will charge for each property after a guest stay. One has sent higher invoices tha...
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Hey all! So I’m trying to close on my first fix and flip property. After weeks of getting the run around from a previous lender, my title company and myself decided I needed to seek lending elsewhere. I had posted on ...
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New to the business, I've done a lot of research, and I've ran across the ideal of using seller financing. From what I understand, purchase the property using seller existing financing from the bank for a agreed perio...
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Hi all HELOC experts :)We are in the process of getting a HELOC for our primary, to be used as cash-equivalent to fund investments. After shopping, we opted for one bank however they just came back to us with the prop...
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Looking for a low cost way to pull some cash out on paid for investment property in Gwinnett County Georgia. Owned for over a decade. Free and clear. Great credit and reserves. No more than 70% LTV. Rents are high and...
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Recently applied for a loan and was denied based on credit score.I have never had a credit card and the only thing affecting my credit score are some old medical bills.Any ways I can build my credit in a short period...
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It appears like the HELOC was recorded first, then subordinated. Both the mortgages name in the Final Judgement. Does the auction wipe out both liens?OE and Judgement in my dropbox: https://www.dropbox.com/sh/8mk0uset...
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Would you say flips are worth the added risk with the following numbers for the market I am investing on:1. 2-3 flips a year as an investor (partner handles the renovation) for a return of 10-15% per flip.2. BRRRR for...
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I'm interested in hearing how you've negotiated and priced loan guarantees for your small (less than $5M total project capitalization) projects. Many of my new projects will be set up as GP/LP arrangements and some m...