Hi everyone, Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.IMC Company Co is no longer in business and from t...

Hello everyone my first post here!

I have been doing a lot of research on real estate investing reading books, podcasts and of course bigger pockets! multi family properties is something I want to focus on.

I ha...

I was the highest bidder for second mortgage auction. What should I do with the first mortgage lender ( senior lien) that is going to foreclose at the  property next month. How can I stop the foreclosure sale? I don't...

I just started reading the BRRRR book by David Greene. MIND BLOWN! Up to this point I had only considered the traditional way of borrowing money through a mortgage company.
I am a newbie and am looking to not only p...

I'm purchasing a home in a suburb of Cleveland with Hard Money.  My original intention was to flip the property and use the proceeds to help purchase a small multi-family home but am now considering holding the Single...

Hi! I am looking to raise capital from some family / friends for my real estate lending business. I am an unlicensed hard money lender (legal in my jurisdiction - no broker license needed for non-owner occupied) and h...

I am planning to invest with Summit Capital Partners LLC, a company in seattle who provide partnering opportunities. Here are some of my questions.1. Has anyone worked with them in the past that can vouch for them? I ...

Hi there!  I am looking at a 10 unit multifamily condo type complex.  It's in a B class area.  I am wondering what sort of CAP rates members are seeing for similar types of properties.  I know this is very general inf...

Economic Update
(Monday, November 23, 2020)

When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...

I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?