Collin Mitchell
Anyone have experience with Lennar Mortgage?
Im in the process of buying (4) new homes from a builder. They have been dragging their feet on getting me the contract. Come to find out, it's because they want me to use their own mortgage company. Lennar Mortgage w...
Wane Tango
Marketing, am I off base here?
Ok so I am a new wholeseller and I have been studying and talking to other real estate professionals for the last 6 months and I am ready to purchase my first list. I do not know any local wholesellers yet. I am still...
Kyle Overman
What metrics are typically stuck to when determining a "good deal" for buy and hold?
Hey Everyone,New to BP and I'm excited to get started.I'm reading through the Beginners Guide right now and am curious to know the thought process behind determining a "good deal" within a buy and hold strategy? For e...
Matthew Bernal
Waikiki Penthouse BnB Investment Opportunity
Investment Info:
Condo buy & hold investment in Honolulu.
Purchase price: $2,500,000
Cash invested: $50,000
Under contract on three penthouses in the Hawaiian Monarch off of Niu!
Project involves...
Chris Abkarians
Property Management: can you reduce cost with scale?
Hi all,I came across an interesting line in David Greene's "Long-Distance Real Estate Investing" book. In it, he says that "Investors have leverage to negotiate better prices and services based on the size of their po...
Abdenour Achab
How do you report income from discounted cash flows ?
Let's take an example. Let's say a trust deed backed note was issued in August 2005 in the amount of $44,500, with interest rate of 6%, and payments of $266.80 amortized over 30 years. Let's say you bought it in Septe...
Jason Lee
late rent penalty fees collect later
Do you more seasoned landlords worry about late rent as in a few days past the late fee mark.( I put 50$ penalty on my lease)Or do you just take the late fees out of the deposit at the end of the lease?
John Roeder
Is this a thing?
Hello guys and gals,
On my long commutes my mind wanders as I listen to BP podcasts and I stumbled upon and idea. However I have no idea if it's a thing or even possible. The idea below:
I purchase a house all cash f...
Justin R.
Are these Extremely High Origination Costs?
Hello All.I am refinancing a 3 unit investment home with Fannie Mae Guidelines. 70% LTV cash out. Lender is a small brick and mortar bank in the North East.My lenders origination costs are 2.5% not including discount ...
Brittany L.
What would you offer on this note?
Hello all!
I am looking at my first note purchase and am not sure how to determine a reasonable offer. Here are the details I have on the note:
$29,900 Sales Price of property when note originated
$ 1,500 Down Payme...