Bret Halsey
Subject-to on a 1031 Exchange
I'm speaking to an owner who bought a property through 1031-exchange and has a 2 year required hold period due to owning it in an LLC and being a "related party". Could I purchase this property subject-to the current ...
Glenn N.
colorado Deed of Trust and Promissory Notes ?
Is anyone familiar with The Deed of Trust and the Promissory Note in Colorado? I am trying to find out if these are valid after they reach the due date of the loan ( hard money loan) Are they due on this day or is the...
Felix Torres
Commercial Real Estate Loans
Hi everyone,Can anyone explain how commercial loans work. Is there such thing as an owner occupied commercial real estate loan? What steps do I have to take to get approved for a loan?I am very interested in a commerc...
Deanna Kiser
REO list price question
Hello, been reading for a couple days without finding an answer to my exact question, and because I'm running out of time, I'm asking though I'm sure further searching might help:Is the REO listing price (on MLS) ever...
Jeremy Anan
Personal lien against a person
Hello BP - I have a friend who's considering real estate investment but has a lingering concern. Back in 2007-2008, he took a business loan of $100,000 for a restaurant venture that unfortunately failed. As a result, ...
Brent Causey
Management Software with Smart Phone App
I've read several of the forums on property managemnet software. The company I work for has 150 units that they manage through some older software that is reaching end of life. We are looking for a piece of software t...
John Thedford
Got VERY Bad Feedback When Asking About A Potential Borrower
I have a potential borrower asking for a HML. Our good friend and mentor Jay Hinrichs suggested using the 3 C's for underwriting: character of the borrower, capacity to repay the loan, and of course, the collateral.He...
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Any runners out there?
I know you guys like pounding the pavement to find deals, what about for sport? I run about 4-5 days a week. I don't run particularly high mileage, but I've done 5 ultramarathons, including 3 50 milers, and I ran 76...
Matt Smith
Warehouse Next Door Long Term Positioning-Neg Cash Flow
Investment Info:
Large multi-family (5+ units) commercial investment investment in Kenedy.
3500 sf Warehouse purchased for long term hold positioning. This smaller warehouse is adjoining a larger warehouse....
David Hadley
Hello from Colo
Hi All,
I've spent the past couple of weeks reading through most of the site and I feel like I've gotten to know many of you pretty well. You can't say the same about me, though, so I think it's time I introduce mys...