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I'm currently in the due diligence of a note, perceived as non performing but as I started to inspect the file I have noticed the current loan services company has reached a 3 payments trial payment plan agreement wit...
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My partners and I are currently looking at our first deal in the hudson valley area. The place is a two family home (3 bed room, 2 bath) currently generating $1000 per door with existing tenants. The problem is that t...
My partner and I are trying to get into real-estate investing. We were looking for affordable markets with opportunity and moved to Jacksonville FL. We want to go through the STR route to increase our cashflow since w...
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Can you help me with a question, hoping you have some experience or knowledgeable about it. I got offer a real estate line of credit that I can use to purchase more real estate. What are your thoughts on LOC? Pros/con...
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Anyone have any good rules of thumb or calculator for the break even point between seller financing vs conventional mortgage?So if someone offered seller financing at a higher rate, higher purchase price but 10% down ...
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I'm dealing with a lender in cental Ohio. I have a fix/flip, two weeks from completion, needing $10k to finish. My investment is $26k cash. ARV $80k.This is the only "deal" I've been offered. $25k. 15.99%. 12 month te...
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Hi Everyone, I'm looking to convert a 425sq.ft storage area into a 4th unit in a small multi-family property. Do you think I could get higher rent if it was a 1 bedroom apartment (i.e. bedroom with 4 walls and a door)...
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I have been looking at various crowdfunding opportunities online, and am intrigued by YieldStreet. However, I find it odd that to register (after accreditation) you have to give them your account name and password at...
How would you handle this?I paid for my inspection team to come out next Wednesday to do an inspection on a 10 unit apartment.The owner emailed today and said I won’t be able to access a particular unit because the te...
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Hello all,
I am a newbie and whenever I go on Loopnet and look at multifamily listings, I notice that a lot that on financial Summary's are exaggerated. For example, today I was looking at a 4-plex listed at $400k at...