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A homeowner has a house valued at $40,000, but he has a mortgage for $100,000. Can he sell me the house for $30,000, and then I sell it back to him for $50,000 with owner financing?
Are there provisions in a short s...
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I have an opportunity on an investment property, all cash purchase. I am trying to itemize closing costs/fees in addition to Realtor commission and wondering most effective ways to project the costs.Scenario:Purchasi...
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Hi Everyone!The vacation town where we have a short term rental is proposing several new regulations on short term rentals that I'm having a hard time accepting as necessary. I feel they are over reaching and out of s...
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Just had a call from a friend and future partner who is under contract to sell a small boutique hotel and a triplex. After taxes he’ll be sitting on 1 mm in cash, and there is probably 6 months before the next deal t...
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I'm looking for feedback from someone who has experience with short vs medium term rentals in Bella Vista Arkansas. I had my house on the short-term rental market a few years ago and it did ok as it covered the expen...
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Hello, I had a question regarding Private Lending/Hard Money. I have spoken with a couple of local lenders and what I keep hearing is 20-25% down. I have 3 SFH and have performed a flip, so I have a better idea of wha...
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Hi Everyone,In advance, thank you for any insight. I'm currently under contract for a multi-unit that didn't appraise. I'm in analysis paralysis, need peer input! Would you do this deal if you were me???Location: Midw...
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I have a cash deal under contract that I'm looking to refinance at appraised value rather than acquisition price right at closing. It will probably appraise for around $100k. It will be titled in an LLC. Can someone r...
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Hello all, I am a new investor living in NJ with one unit in Northern NJ and a second under contract in the Poconos (PA). Long term I'd like to have more in the Poconos due to my familiarity to the area as I grew up t...
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I tried searching for this, but the filter button after I search doesn't seem to be working for me.
So, now that I have leads coming in, I am trying to categorize them as to what can be done with them. I may not do ...