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Hi All:
My cousin was supposed to close on a conventional refinance in a few days. The lender is claiming that he had a foreclosure where he co-owned a property with someone and was on the title deed. Since the fore...
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I plan to buy my first rental property in a few months. I have money saved up. I have met with several bankers. I am learning to analyze deals. I am about to contact a real estate lawyer to set up an LLC and obtain...
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Hello All,SUPER excited that I am buying my first duplex in Owensboro, KY and have a few questions. First off, here are the numbers on the property:Purchase Price: $76,500Projected (Past) Rent total: $1125Neighborhood...
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First off, I have already contacted my CPA and am waiting to hear back, but thought I'd ask this crowd to see if there is anything to add-My group plans to sell off some rental properties over the next few years - the...
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One objection you will face when raising capital, especially from accredited investors who have had success doing their own deals is “Why would I passively invest as a Limited partner (LP) when I could just use the ca...
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I have some ads running on craigslist and it seems like everyday I get a response from someone that seems unrelated to my ad (i.e. out of context). It seems like the responses are some sort of scam. I am just curiou...
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Over the past few years I've been wholesaling residential homes an will continue to do so, however I sold my first mobile home this year an would like to get more involved in mobile homes. I want to do some buy and ho...
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Wow.. where to start. I am looking at some rental property for long-term buy and hold that is not in my hometown. Reason? Around here, its the 0.8% rule, not the 1% to 1.5% that makes the numbers work so much better.
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my tenants had little credit, low scores and unconventional pay stubs so they used a co-applicant with better score and stable pay stub to secure the lease, i suspect this person never moved in, nor ever planned to mo...
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Has anyone done this or considered doing this?
I currently live in a condo, have been living in it since 2001. I've already put quite a bit of money into it, as it was a fixer upper and still needs thousands ...