Dyryl Burnett
NACA (Neighborhood Assistance Corporation of America)
Greetings All,I am planning to go thru NACA with the purchase of my first property (multi-family). Wanted to know if anyone went thru this process? Was is successful? Anything that I should know or could prepare to pr...
Shawn M Hannan
Interior damage caused by faulty roof installation
Hello All,I'm wondering to whom I should turn for guidance in the following scenario. I had a roofer do a tear-off and new roof installation of a flat roof on a 3-story townhome in Chicago last summer. As far as we ...
Robert Plumpe
What is the return on the ASSET, (watch out for leverage!)
Hey all:I was just watching an evaluation of a duplex on the YouTube! The house is a duplex in Denver with a purchase price of $385K. Each unit is a 1 bedroom/1 bath. HOWEVER, the bottom unit is a "garden" apartmen...
Patrick Desjardins
Hmmm.. latest Fannie Mae sale
The latest Fannie Mae sale was for 3,400 loans. The prices seem crazy and still trending up.Goldman Sachs 808 loans with a total UPB of $127,716,108. The weighted average broker’s price opinion loan-to-value ratio i...
Josh Green
Real Estate 2009
http://money.cnn.com/magazines/moneymag/moneymag_realestate/2009/maps/states.html
according to this prediction, my metro (TAMPA) won't hit bottom until Q1 2011. 2011!!!!!!!!!!! #6 in the natio...
Darryl Dahlen
Great read on different capital markets
I received this from one of my lenders and thought that it was too good not to share. As someone who primarily funds loans from CMBS, agency, and insurance companies I think this info is on point.Despite turbulent ca...
Rafael Martinez
Should we start a cancel mortgage movement?
It seems the government have no concern for mom and pop investors. With the CDC extension of the eviction moratorium until June, it seems their only interest is protecting the banks. There are tenants refusing to pay ...
Account Closed
Who here invests as an LP in ground up multifamily construction deals?
I am working for a sponsor who is raising capital for 2 ground up multifamily development projects. One is in DFW and the other is in New Braunfels. It seems like though they are great investments, though there are no...
Kerrie Dare
Huntsville, Memphis, Charlotte, Omaha, Columbus, or Atlanta?
I'm trying to narrow down to 1-2 focus markets for buy-and-hold SFR/small multi-family investments. I've come down to the following options and am curious about any feedback:1. Huntsville, AL 2. Memphis, TN (high crim...
DeWitt Gibson
What is Your Outlook for Mortgage Interest Rates in 2021?
As a Mortgage Broker, I hear a lot of "expert" opinions about where mortgage interest rates are heading. I am more curious as to what the word is out there amongst the folks actually buying and selling real estate day...