Lynnette E.
reading title reports on auction.com
I was looking at the title report that auction.com provides with most listings. This one is by Data Tree/First American. I copied the section below from the title report and removed the parts that do not add to the ...
Eliott G.
Commercial Loan ?
I recently purchased 2 side by side 4 plexes. They are zoned commercial even though they were purchased in 2 separate REO deals from the bank. I bought them for cash and will be rehabbing them over the next month. Onc...
CK Hwang
Teach me how to bankrupt myself using credit
Hi everyone, so this question might come across a little strange, so I thought I would first give some background information. So as things go, my little fix and flip business is starting to grow and I am starting ...
Juan Diaz
11th St, Oakland Diary
We've got an interesting one here...bought for a steal of a price at 240K, ARV is 600K. But the area is interesting, we had a trash container there for one day, and someone filled it to the brim during the night. It's...
Troy Zsofka
Volunteering to be the Bad Guy? - A Moral Inquiry on Note Buying
I must say that I find the idea of purchasing Non-Performing Notes to be somewhat fascinating. With a degree in economics and a stint in commercial finance, the complexities of the moving parts attract my mind's inter...
Joel O.
Is BHAM really quiet?
Took another trip to BHAM, and boy is it quiet. Is it just me or is BHAM extremely quiet?The realtor i was with said the city itself is very quiet. I went to fairfield and that area is more congested same with homewoo...
Mike Andrews
How much ballpark negative cashflow would I be looking at?
Hi all, I currently rent, but am considering buying a 2 bedroom condo/townhouse.
The main issue: I only plan to live in this property for 1-5 years (unknown, depends on career moves), so long term I'd like to be abl...
Kerry B.
Seasoned Investors in C to D Class Neighborhoods
What makes you assume the risk of investing in these areas? We have a friend whose family is a major player in NYC and they snapped up homes when they were essentially ghettos in the 80s-90s.We want to try this strate...
Michael Healy
Funding with IRA? I’m 39.
I have recently signed a purchase agreement for a single family rental property. I own three others currently Al with decent equity. Should rent for $2000 a month. Right now it appears my best option for the 25% down ...
Mike Wallace
How does this deal look? SFH
seller wants $25k. 2 bed 1 bath. Currently has a tenant at $650.
Insurance: $1200
Taxes: $1700
Maintenance : $1200
Brings me to a cap of about 15%