Account Closed
Foundation Issues- Opportunity or run the other way??
I have a great deal on a house that has foundation issues. The wall is bowing on two basement walls. You can barely tell by looking at it but you can definitely see the cracks. The way we remedied this problem in the ...
Nate Downs
Which method should I use?
Hello All, I currently have an offer in on a single family home that has been repossessed. The offer is 45,000 and that is what they are asking. The property sold three years ago for 90000 and around 96000 five or ...
Kelly Payne
Refinance an interest-only seller-financed note?
Hi all,
I'm trying to hash out the details of a deal I have. The house is worth $95k, the purchase price is $56k. The seller has agreed to an interest-only loan of $100/month with a 5 year balloon.
My f...
Henry Lazerow
Why 2-4's have not fallen with rate increases and why they won't!
Lately, many 2-4 unit clients understandably ask me why prices are still going up with rate increases. I have sold 40 million seen a lot of 2-4's in Chicago and the answer is simple, supply has more impact in this nic...
Jim Stevenson
Alternatives to 529?
Curious to hear other's thoughts on saving for college through a 529. I've started contributing ever since my son was born 5 months ago but I hate the fact that it can only be used for education. I feel like there's t...
Joshua Aycock
1st Position HELOC!? Recommendations or Ideas?
Hello all!
I'm looking for someone to check/confirm my thinking on a 1st position HELOC. I am a newbie and bought my first BRRRR in Oct 2021! It's been such a fun process, but also a TON of learning. It's what it's ...
Manny G.
Lease Option Assignment Help......(Option Consideration)
So Im trying to get my head around this. Lets say I have a LO deal I want to assign. (a cooperative assignment LO)The Seller only wants 1 month rent as a security deposit.The TB has 10k as option consideration.Wouldnt...
Caleb Brown
Best way to target off market deals?
Hey I am an agent that works with numerous investors. I look through the MLS for deals but there isn't a lot out there. What would be the best way to find off market deals? I'd be open to hiring someone to convert for...
Maria Bowyer
SFH Deal Financing Advice
Hello all,
We stumbled upon a financing dilemma trying to finance a deal.
I'm from Virginia. We're trying to purchase a SFH rental property in York county, PA. We found several properties on MLS, saw them in person....
Chip Chronister
IRA funding and non recourse loans
I have a self direct IRA set up and I have found a house that I would like to buy but I am 10k short in my IRA. The 2 problems I have is how can I come up with the other 10k and my other issue is should I let this ...