I don't understand this statement and I hear/read it often. Isn't the bottom line the price you pay for a property -more important than terms? If a seller wants 50K and you want to pay 40K, how would modifying terms...
http://www.cumber.com/commentary.aspx?file=032909.asp&n=l_mc
The way I see it this program has a far better chance of being good for the banks as well as the investors who leveraged these ...
When you make an offer on a off market deal, how much do you explain to the seller? What I mean is let's say you offer 110K On a house....well below market value and the current owner will assume you are low balling t...
Hello,I am selling my 3 unit building for 450k. I cannot get a bank loan. To my understanding (I trust someone will correct me if I am wrong) if I want to buy a bigger multi it needs to have a purchase price of 450k o...
Hi Everyone,A family member wants to invest money with me on a flip property. The only thing is he has only cash to invest, he does not trust banks. Is there anything I have to worry about if accepting cash? It will b...
HiI have a note and wanted to use it as collateral for additional financing. What information would be needed and where is the best place to start? Who can facilitate this transaction as well?
Thank you
Vipul
Hello. So I was looking at one of the mobile home parks in and realtor told me it has to be hard money loan or cash since it’s private property. I’m little confused. I can’t buy private property with a loan? If not th...
I have these properties of owners owning $1,000-$10,000 in back taxes. Some are vacant some are occupied?
After getting contact info, how would you guys approach the occupied owners?
Hi there. Can someone please explain briefly how the Lead Safe Certification in Cleveland is impacting landlords? I am finding plenty of information online about the program but nothing explaining how it is directly i...
I am building a $40K garage at my personal home and did not know if I could just write it off as a business expense.