Account Closed
Quick Check on this hard money payoff quote
I borrowed $141k hard money at 7% interest-only and escrowed ~$10k with them for repair costs (not sure if that matters). My monthly payment on the hard money is $822.I'm now trying to refinance into a conventional mo...
Danna Gramme
We need Short Sale Help
A real estate agent called me regarding a short sale he has listed. He is working with the Bank's negotiator. The property is listed at $380K. The seller owes $385K. The property is in fairly bad shape:
The roof need...
Nathan Hayes
Opinions on realtor loyalty or working with several agents
Hi folks!I did a search on this subject and it looks like posts are generally from a couple years (or more) back. I know how quickly markets and thought processes change and wondered about current opinions.Is it gene...
David Vaughn
FInancing question for multifamily purchase
I have looked at several deals on Loopnet many of which are assumable loans as a possibility. Many of these look attractive for the first 5 years of the note but then will have a very possible negative outcome dependi...
Sharad M.
How much and what kind of insurance to get?
Hello all,
I am trying to find out how much and what kind of insurance you guys get on your rental properties? Sorry, if its a rather silly question, but I am a newbie investor trying to understand as much as I possi...
Sam Crochet
how to structure "equity" on a small multi family partnership
Hey everyone,
My friend and I are partnering on a deal in Atlanta where he brings 100% of the up front cash (i.e. 20% down payment and $50K-ish for a rehab) and I find the deal, manage rehab, run numbers, and am the ...
Beth Johnson
A few reminders for DIY private money lenders
Consider private money lending and/or note investing for a passive income source? You're in good company. It's a lucrative alternative investment if done right, offering strong interest returns without the headaches o...
Rahdia Green
Title company & fees
Hello all, I'm new to investing and on my way to finding my first deal. I'm now looking for title companies to work with and my first meeting with an attorney didn't go swimmingly. As a beginner I've always been told ...
Jefferson Zettel
Closing costs
I'm a first time non investment Home buyer (in Las Vegas) and am having some trouble to Understand these fees They seem much higher than previously expected.
I'm under contract on a house purchase price is 173,100 wit...
Ryan York
How To Make This Deal Work?
Hey all,I'm trying to figure out how to make this deal work for us and the seller. He's pretty firm on a purchase price of 40k. It needs about 20k in repairs and the ARV is about 65k-70k (conservative). He's open to s...