Hello, how are private money lenders typically repaid for a BRRRR method transaction? Example: our lender is providing us with $40,000 for the purchase. How (term, rate etc.) would they typically be repaid if we plan...
Hello everyone,Just to provide some background, I have purchased a single family home in the city of Salida last month. A potential tenant was wondering if I would be open to do a lease with an option to purchase. Th...
We've been running all over creation showing a client $1M+ properties and finally put one under agreement for over $1.5M.All sorts of tiny red flags start showing up. Earnest money check never arrived at the seller's...
Good morning all, My wife and I have been discussing the idea of going into mortgage note investing for almost 18 months now with me doing the lion's share of the research. I am on board with the idea of passive incom...
Can you use a Solo 401K to purchase a flip property as long as it is paid back? I saw the max loan was $50K but that was for a loan and was unsure if you can use all the money available to purchase a property? I am s...
I've been ruminating over the low rate environment recently and whether to refi one or more of my long-term rentals, but I just struggled visualizing the full gamut of financial impacts, e.g. loan cost inefficiency, 3...
Good afternoon,I am considering doing a house hack using the FHA 203K or Fannie Mae Homestyle loan. I would like to either create an adu or house hack a multifamily that may need some work. Does anyone have any referr...
I have a 4-plex in Los Angeles and I recently relocated to Florida. I did a cash-out refi right before I moved to take advantage of low interest rates. Everyone keeps asking "Why didn't you sell the building?". Most ...
Well, this note biz always has a new twist thanks to the feds. We just got this email from our servicer in regards to a loan that we purchased which is a fully amortized, owner occupied, 30 year P&I note at 12% co...
I've been getting more interested in real estate investing in the last few weeks and have been fire hosing information during my day job. I'm working on building some capital at the moment but I want to get at least a...