Hello, I came across an opportunity to invest/ private lend on a fix and flip. The annual return rate is good and time-frame works for me.
My questions are;
1) what are the type of documents I should expect to re...
I recently acquired a nonperforming note, to which I learned that the water has been shut off for a year and a half. Attempts to get a hold of the buyers haven't been fruitful. What are my best options here? The prope...
Hard money: “The Pros and Cons”
Pro
-All CASH Transaction-Quick Closing Times (<14days)-All “Rehab Cost” are covered in Loan-Lower Leverage for Buyer and more Liquidity-Flexibility to buy Distressed and Value-Add...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $375,000
Cash invested: $3,000
Sale price: $475,000
I purchased a new townhouse from a builder who finished out a project tha...
Hey guys, Thanks for stopping by my question. I am curious to know if I can use my land to borrow money. I have a land which is worth $1.9 million. I want to develop a five story condominium in Brooklyn, New York. Can...
Hi, this is kind of a regulation / loan question. I am looking for a strategy to acquire a 400k property via conventional loan (%20 down)I have 40k (seasoned) cash, and so that would put me at 200k purchase price. (I ...
I’ve even working on a short sale with Wells Fargo from over two months now. I was able to stop the property from going to auction on Dec 4th. It has been a slow back and forth process with the bank and I don’t want t...
Hit a snag in my investment goals :Scenario ;I have 85k Saved to invest I made 6 figures in 2018 Have 60k in equity in my existing rental property in Nassau county New York Good Credit BUT ....I lost my job last month...
I’m new to the real estate world and taking a tour of each creative way to obtain real estate. Wondering how this process works.
Hi all! I am a young aspiring real estate investor who is working on educating themselves about lots of different aspects of REI. I am currently reading this one book "The Real Estate Wholesaling Bible" by Than Merril...