Laurent Attali
Deal Structure - does this seem fair, what should I ask for?
I am offered the following deal:I will lend 120K to a company that will get another 460K from the bank to purchase and rehab a multi unit.During the first year the company will rehab all the units. At the end of 12 mo...
Carlos Webel
Refinancing out of hard money with a conventional mortgage loan
Hi all,I'm working on my acquisition and financing model for my new Houston area based rental properties portfolio. The plan is to purchase the properties with private or hard money, rehab and refinance out of the ini...
Francis Rusnak
Proper Screening for Tenants in Cook County
In episode 85 of Straight Up Chicago Investor podcasts, @Mark Ainley talks about how in the last few years you are required to not pull credit/background check until the initial screening is approved. He said he'd put...
Gilian Villatoro
Is Memphis a good market?
Is Memphis, Tennessee a good market to invest? Based on prices I’ve found, I can purchase 3 properties that would generate cash flow, but I also don’t want to invest in a market where appreciation is flatlined. Advice?
Bryan Almodovar
Business credit card
Hello everyone,
I have been looking into getting information from banks in regards to a business credit card. My plan is too use a business credit card to be able to put a down payment on a property, using seller ...
Brad Hunton
LTR or STR as we move
We are currently in the process of moving out of our house into another (reaping some REI benefits) and I would like everyone's opinion on what to do with our current primary. As a LTR we would be netting around $600...
Matt Wells
How much money should I insure my rental properties for with ACV and $10K deductible?
I want to get the community's thoughts. How much money should I insure my rental properties for with ACV (actual cash value) and $10K deductible? Should I insure for the capital I have in the homes or for how much t...
Jonathan Ramsuchit
Obtaining a commercial loan.
Hey everyone,I'm looking to obtain commercial financing on a short sale/ multifamily for 400k . The property is 2 5 units. This is what one lender has told me. Tell me if this is standard.1.A brief First Keystone loan...
Richard H.
Prop management company full rent collection
Hi, I have a property managent company for a property I recently purchased in MA. 1 month in, one tenant is $100 short on rent. My initial thought was to ask the property manager to charge the late fee as well as take...
Lee Bailey
Deed/Title Recorded after Death...?
Talked to a seller today, and her exact words were: "I have been advised by the title insurance company that because the deed for the property from my grandparents to my uncle was recorded after their death, I need to...