Hayden Harrington
Wholesaling 3 Option LOI Question
Does anyone know a good way to structure a 3 Option Letter of Intent when wholesaling? Obviously my first option would be an all cash offer, but what about the other two? Lease option or a subject to agreement? How do...
Bryan P.
Wholesaling Q's
I'm hoping somebody could clarify these questions that I have about wholesaling:
1.) How do you explain to the seller what you're trying to do? You are virtually asking the seller to give control over to you in ord...
Bruce Woodruff
Anyone noticed an uptick in VRBO?
One of our places used to be roughly 75% AIR and 25% VRBO (I track these kinda stats in an Excel Spreadsheet). It is a downtown place which 'could' attract more millennials, so I chalked it up to that.... (AIR being u...
Cooper B.
Offer strategy for a hot deal on HUD homestore
I'm hoping to get some quick advice here. I'm going to submit an offer on a HUD home today on behalf of a client who will be an owner occupant. Today is the last day of the exclusive listing period for owner occupan...
Philip Tice
Wait time to refinance when using private lend first?
Grandmother has no retirement. Looking to help her out and buy her house from her accomplishing two things: paying off her remaining balance of ~$30,000 on the mortgage, and giving her enough of a monthly annuity from...
Lee Kozokas
HELOC? Other Financing Recommendation? Please Help
Hello Everyone!I have a few properties which collectively appraise around $230K, with $42K of associated debt. I would like to obtain more properties. I have done some research and I am lean towards a HELOC on all the...
Benjamin Aaker
What to do about multifamily vacancy rate increasing
The multifamily vacancy rate is up to 6.3% nationally. This is still low but the increase worries me. I'd like to hear from the experts on this forum about why they think that the rate is going up and what it's affect...
Abbie G.
Condo market in Stamford, CT
Hello everyone,
I'm currently living in Massachusetts and house-hacking (mid-term rentals). I am considering purchasing a condo in Stamford, CT, to use as my personal residence, as I'll need to travel to CT frequentl...
Richard Sanford
How Quick can a rehab property be sold?
How quick can a rehab be sold is there like a seasoning period or once its finished and ready to sell in two weeks can i sell?
Danielle Desaulniers
HML and Cash offer
Hi everyone,
My question is this: I am in the process of purchasing an REO (my first one), we told the bank it is a cash offer but the money is coming from the HML. Is that really a cash offer?
Also, the bank wan...