As some of you know, the ability to finance manufactured homes by both outside lenders and through seller finance is seriously in question for homes where the loans are under $50,000.00 thanks to the Dodd-Frank Act. T...
I purchased my Los Angeles (Compton) 4-bedroom home in 2013 for 240K; according to Redfin, it is now worth 686K. 2 years ago the entire house was completely renovated (Insurance claim) due to a burst pipe that caused ...
Local wholesaler gets a response from some bandit signs. A homeowner is willing to sell his vacant hoarder house and adjacent lot in a nice area in Los Angeles. Sale price for both properties is something over $500k...
Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...
Right now when I do lease signings tenants sign and date each page of the property condition report, then I take it home, scan it and email it to them, asking them to reply that they received it. Only flaw is that the...
Why do the interest rates charged on hard money loans vary so greatly from one State to another? Borrowers ask me this question all the time. For example, in California rates charged on hard money loans start as low a...