I just had a consultation with someone who has the following story. Classic example of a prohibited transaction. Sometimes I hear arguments against “checkbook control” that custodian is there to protect your IRA and p...
Good morning, can anyone please explain the difference between a title and deed? If I take out a mortgage do I get a deed but not the title till I pay the house off? See my confusion? Who holds the deed and wh...
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
First go at offering a seller financing deal, and I'm a little unsure if I'm wording the offer correctly. Here are the numbers:4plex for $156k- I'm offering to pay ALL of the buyer's/seller's closing costs, and pay b...
A while back @Jay Hinrichs posted about the the real estate market levelling off http://www.biggerpockets.com/forums/311/topics/199...and I got to thinking today about what happens after that. What are my plans to han...
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
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?
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
I was wondering if I could get some advice on how I should go about starting a company that raises capital from investors to buy properties. My idea was to somehow raise the money for a complete purchase or a downpaym...