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I'm trying to decide the best way to finance our first real estate investment. Looking to buy a SFH in the $250,000-$300,000 range. We have excellent credit, $30,000 in cash and our currant home has about $400,000 in ...
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Can anyone tell me the best way to structure a joint venture with a silent money partner? In other words, if I have a private lender who wants to invest their cash in my fix and flip business, what is the profit spl...
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Hello All. A few years back, I attended a seminar and jumped into doing a few fix and flips. Long story short, I opened a Ca. LLC under which I purchased and sold one of the properties. At the time, $4K was left i...
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I came across an investor, who wants to sell a portion of his portfolio to raise capital for a project he wants to build. The portfolio contains a handful of Section 8 SFRs that offers good cash flow. The properties a...
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hello I'm Joe Spann I have flipped housed back in the 90s but dropped out in the down fall just retired and started to get back into it had some money bought two houses started to work on them but codes made me Tare t...
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Can someone explain what the 2 year ballon payment with this Lease option deal means. Here is the deal. The house is listed at 109,000 and the lease option has a 8500 down payment. For two years I make a 1050 month ...
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We opened escrow in May this year and after an uphill battle with paperwork we finally received notice from the title office of the closing date.
The buyer, after promising he has the funds in the bank, decided to sta...
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My financing sources will not finance a bank-owned property with any time left on the "right of redemption." I have pre-approval to do 4-5 of the 50,000 deals that meet MikeOH's 50% rule but it isn't much good to have...
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I have a lot of concerns about cryptos in general. What if the Fed creates a block chain digi-dollar. Trades at the value of $1 us dollar. It would virtually eliminate the need for all other currencies globally. T...
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No bath fans in Older 40's 50's house. It has 1 1/2 bath. The full bath has a window other 1/2 bath (toilet and wash basin ) very small maybe 5x3 and no window... neither bath has ever had an exhaust fan and the house...