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I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...
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Hi everyone!This past weekend I got my first investment property deal under contract. Currently waiting for scheduled inspections. I have an option period of 21 days just in case something is revealed or whatever.Th...
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Seen this pop up on several “top 10 trends going out of style in 2022” type articles. It cites Covid work from home as the reason, where people desire more privacy now. Personally I’m having a hard time coming up with...
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I'm new and need some advice. I'm analyzing properties like crazy. I base it on always having a loan at 4% for 30 years. I'm looking in the St. Louis market near a unit I already own. I am a realtor so I am checki...
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Reading @Brian Wilson's recent post about a lender telling him "No", it got me thinking.How do you create a relationship with a lender? I hear this advice frequently, and also have been known to suggest it from time ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $105,000
Cash invested: $65,000
Sale price: $245,000
Screw Analysis Paralysis. This was it. I'm taking action!
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I don't see any recent posts on this, so just wondering what people's takes are on buying investment properties in an urban, suburban or rural area. There was some discussion five years ago, but that was pre-pandemic ...
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After some analysis, I've decided to invest in Detroit suburbs (Warren/Sterling Heights) or possibly further out (Grand Rapids/Ann Arbor). I will be buying and holding from out of state, but I do want to visit now and...
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I'm looking to make the transition from residential to commercial investing and think I've identified an opportunity with a restaurant space in a pretty attractive area. Problem is I'm not sure what the best outlets a...
I have a rehab for sale that has been sitting or a few months. It is priced well under it's appraisal value and needs zero work, all new everything. I got a call from a guy, "Bob", a few weeks ago about it. Bob tel...