We are moving soon (from one metro-north/west suburb to another) and I am debating keeping our existing house and renting it out. Is there much of a market for rentals of larger / higher-end SFH in this area (Lexingt...
My father in law passed late last month, leaving 15 C level rental properties that range from single family homes to an abandoned boarding house. Clearly we understand that we need to speak to an attorney, but due to...
I heard of the strategy of flipping subject-to's. My understanding of the concept is to identify a motivated seller with a nice property with a good loan with little to no equity. Offer the seller 1-2K to get out of p...
Hey everybody! So I have run into a situation and was wondering if I could get some advice from everyone on what you all think. I’ll give a run down of the deal so you guys have a good idea of what I’m looking at and ...
It is a challenging time to find profitable deals on existing self-storage facilities. Interest rates are steep, and banks are backing away from financing, making it harder to secure loans. Meanwhile, because storage ...
Hey all,I'm considering a Joint Venture (JV) for my next property, and wanted to get your thoughts on:Pros/Cons'Gotchyas' to look out for when creating, executingGeneral steps to createGeneral anecdotesThank you every...
I am currently trying to buy a duplex with one side owner occupied. I am running into many properties that have long term tenants who are not paying fair market rent. In fact, they are paying usually 200-300.00 a mo...
As a newbie I am looking to learn as much as I can about the subject of luxury home process, What books can I read to learn about the ins and outs of luxury home development, I'm talking about home like the one you se...
Hi Guys,
I have my first deal about to be underway. But I need to know some things first.
The house I want to purchase is worth about 200,000.
There is a 165,000 FHA loan in place.
I negotiated with ...
What’s a Wrap-Around Mortgage Loan?
A wrap-around agreement is a type of secondary mortgage financing and involves the buyer paying the seller directly for a residential property — often at a higher interest rate t...