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First off a few notes:1. My area would be considered remote by most (the closest town with over 15,000 people is 80 miles).2. My area is considered low income, as most folks work for less than $15 per hour at the Lumb...
I've been thinking of trying to purchase a buy and hold three flat (Multifamily) property in Chicago using 203K loan. If you have done this, what are your thoughts? Do you have any advice?
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Hi all,
I am a new investor in the Denver metro area and am doing a bit of work for a home that I bought a few months back (demolition of a back area of the house and its subsequent reconstruction). I've found a gene...
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Hi,
I was wondering what everybody's opinion is of making loans in second position. Under what circumstances is it alright to consider a loan in second position? Thanks in advance!
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I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
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Last week, I posted a question about a somewhat complicated legal issue surrounding a DOT that was part of my father's estate that never got recorded, then the debtor/prior owner was able to go back, refi the property...
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Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
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I want to notify everyone and anyone that is currently looking at and considering a purchase of a property from Morris Invest. It is a scam. Don’t fall for the trap of the high returns. There is potentially a class a...