Hi all,Here is the scenario.61 years old. Will soon look at retiring. Probably collecting social security at 62, maybe 63.I have a rental property that is almost paid off (less than 10k away.)FMV: 280. Purchased in 2...
With the last deal I wrapped up I've used up the last of my conventional mortgages. What are my options for financing going forward? The last loan I received was 5.75% 30 yr fixed with 30% down. The quotes I got for D...
So I’m a fairly new investor looking forward to doing my first deal and expedite more homes, but I talked to my lawyer today and now I need information from Experienced people who are knowledgeable in lease option/ren...
Community bank terms are 8.5% for 20y. Any other options? DSCR?
My wife and I live in the Springfield, MO area and are wanting to start investing locally. We have 20k in savings and about 30k of equity in our current residence. We are juggling between three different options to ge...
Hey guys - So I will be completing my first Rent to Own (not my first deal) and wanted to throw the details out there to see if I missed anything AND I had a quick question on Promissory Notes/Rent Credits in regards ...
We kind of stumbled our way into buying a 2nd unit in a 6 unit building which is currently managed by an association. I’ve already notified the other owners in the building that I would be interested in their units sh...
I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
I need your help with something and I’m having a hard time finding help at the local level. Some people say it’s legal, some say it’s not, some have ideas on how to make it legal, which I’ll love to here and will addr...
I’m making this story as short as possible, so....The lawyer had no idea what wholesaling was. So I explained it to him, then he didn’t understand why the contract would have contingency’s allowing the wholesaler to b...