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The industry standard formula to evaluate a park is# of lots x caps x 12 months x expense factor x lot rent ($)I understand it is basic and we should consider the market and etc. I do my offers based on the formula. H...
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Whats's going on everyone! Glad to be apart of this amazing group.Has anyone ever done a subject to, or seller financing deal? I imagine so, can you please break it down STEP BY STEP exactly how it works if you were w...
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If your business model is a SFH rehab/resale, how did you finance deals for your first properties? Thanks
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Hi , I've participated in about 8 auctions for 1 occupied property over about 9 months. The bank finally accepted my offer with the reserve not met.I had the contract in my email box the same day. Contract is very...
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Is it possible to refi from an FHA to a conventional loan? I'm into year 6 and have not reached year 7 yet. I've had a foreclosure in the past. I want to figure out how to get my second home but I'm stuck. Any ad...
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On the BiggerPockets podcast episode 527, Pace Morby explained that there are companies that provide "Due on Sale Clause" insurance. I've Googled a bit, but can't seem to find any further information or providers of t...
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Hello, I'm a 22 year old contractor and I've been researching different ways to acquire properties in my state of Massachusetts due to the competitiveness at all the foreclosure auctions I attend, there are a lot of "...
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Good afternoon everyone. Iv'e learned a lot from posting in these forums and I would like to thank all of you that responded to my posts. From members advice I started to create my team and contacted a real estate age...
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Found out some disheartening news about my credit report.
Last week I applied for a Bank side loan to make an offer on a rental property. The bank called me today and said that they won't be able to loan me the mon...
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I'm a newbie in this business and I really don't have a lot of Capitol so Is it a great idea to try and get a private money lender ? If so how should I go about that process ?