Steve Lee
Dilemma. Keep Rental vs Sell/Purchase New Home
Hello,I did some research and looks like since everyone's situation/location/market is different, couldn't find a viable solution yet. So I'm opening a new discussion.I currently have a townhouse in howard county MD w...
Chris Seveney
Lots of Junk Out There
The past several weeks I have received over 1,000 assets for sale. For those newer to the space make sure to do plenty of die diligence on assets as over the past several months there has been an above average amount ...
Don Konipol
Two Distinct Categories of Non Performing Notes
In the commercial mortgage space we have found that NPN investments can be divided between
(1) purchasing NPNs in which we’ve had no or minimal contact with the borrower, and
(2) purchasing NPNs in which we’ve worke...
Jeb Vachuska
Financing a Rental Property
I recently had an offer accepted for my first rental property. Its a duplex outside Milwaukee WI which would cash flow about $600/month. After putting $2500.00 in Ernest Money down and being pre approved for a traditi...
Paul Stout
Valuating Unsecured Non-performing Notes
I am not certain what the best forum category for this question is so I placed it in two. I would like to pose a question to all of the note buyers/sellers out there . What are the steps to assigning market value to...
Denny Kisner
Baltimore native business owner enters REI game.
Just want to take a second and introduce myself :)My name is Denny Kisner. I'm a new father, soon to be husband and a seasoned business owner of 9 years. I'm 28 years old.Barbershop owner for 5 years. Salon owner fo...
Steve Funder
Rehab risk
I have an offer in on a property and I want to know if I am taking on too much risk.
The building will cost 70K with a down payment of 15K. Seller carry IO 55K for 5 years at 9%.
The building is 70 years old, with ...
Justin Greene
BRRRR - Refinancing without a W-2
I am currently in the middle of a BRRRR deal, but hitting a hold up on the Refinancing stage. I currently have the house on a one year owner financed note with a balloon of 38k due in June and interest only payments u...
David Breitzmann
Benefit of Purchasing REO via LLC then selling it to oneself?
Hello,
Okay, the post on commodity acquisition via jewelry was perhaps too much "reverse-logistics."
I'm looking at the tax assessor website to track properties and noticing folks do the following:
1. Purchase REO...
Sean Tagge
My first syndication deal!
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $3,450,000
Cash invested: $2,000,000
My 4 partners and I just closed on our first syndication deal!
We purch...