Hi everyone. Just starting in the business and before I find a great deal and blindly stumble into a lenders office, what are the things that private, hard money, and transactional lenders are looking to see in a deal...
Be carefully when using Hard Money Lenders! Make sure you understand their loan requirements, such as the need to send their inspection team out to the property. Do not write a "cash offer" with no contingencies. If ...
Hey BP, I help a lot of new investors and Househackers get their first property and I see people running into similar mistakes. So I wanted to create this post to help those looking to make their first investment! 1. ...
I've heard many horror stories from limited partners about the general manager they partnered with to do a deal and I noticed some commonalities in each story:
- Not following through with business plans
- La...
Will try to be brief. My stepson has done very well for himself over the past couple of decades, has set a very healthy amount of funds aside, formed a RE investment company, and structured it properly to access the ...
I am in the Kansas City Missouri area and new to real estate. I have a line of credit through my bank but can not get a loan to purchase property if I was to give up my first born. To start I have an excellent cred...
JRW Investments is who I got this through. Not sure of their reputation or how to vet these types of deals as I'm used to single family residence rentals.https://www.docdroid.net/ZkdX6QD/exhibit-c-er-nlpef-4-executive...
I have a lot of clients that ask me for creative ways to purchase property. The two big ones that always come up are seller financing and subject to.
Out of the two, subject to is definitely the more risky approach ...
In other podcasts and blogs it had been advised to network with agents to market for deals by asking them if they have any sellers looking to move a property quickly. My question is what if they do? How would a whole...
Since 2004, I've been in the biz without a serious roach issue. But, I guess it was my time plus I knew I shouldn't have let this tenant move in. I own a house in a challenging part of town and I've always had a lon...