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My company is trying to purchase REO's individually before they hit the market. In my area, the houses on the lower end of the price range, i.e. sub 300k are being bid on fairly aggressively.
We are all cash buyers ...
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I'm researching PMs in other markets we're considering buying in, and have seen some PM sites with info for prospective tenants. When I look at their apps, I have seen some with the following type of set up:
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What kind of percent would be fair to command for bringing investors to the table for deals?4% first million, 3% next million, 2% next million, 1% thereafter?What duration would you hold those percentages for (to avoi...
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I live in nyc it is really expensive to buy rental unit here. I have 50k and want to get my first rental unit , should I do this in another state?
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Hello!I am looking to purchase my first OOS investment prop within the next 2-6 months. What are some of the biggest lessons you learned along the way? What do you wish you knew when you started?
A big question I hav...
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I have recently talked to a motivated seller who received a piece of my direct mail. The numbers are tight, however, if I can work with the seller directly and he doesn't have to pay the realtors commission I belie...
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I'm looking at buying in an off market 4-Plex in Austin Texas using FHA financing where passing the self sufficiency test is iffy.In my calculations, 75% of the total rent covers approximately 100% of the PITI. Howeve...
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I have been an entrepreneur for several decades and am ready to create my final - hopefully, masterpiece - company. The idea is to develop a business that is a hybrid of the turnkey model, where the majority of the se...
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Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
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We are truly blessed in the USA to have so many advantages to real estate investing. Cash flow, appreciation, loan pay down, tax benefits, etc. With relatively low barriers to entry, it seems like anyone and everyone ...