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In a wholesale deal how does one get around the HAFA guideline that states "the buyer agrees not to resell the property before 90 days" (especially when you intend to use hard money)? Is this condition ever negotiable...
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I have a friend who is an experienced investor of a different era (started investing in the 50s). He has an interesting quote that he shared with me on the first occasion we met:"Whatever you do, don't personally guar...
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Hello BP!Full disclosure - Newbie investor trying to find the best combination of asset protection and lending terms.I have been talking to a few lenders in the Minneapolis, Minnesota area to line up my finances befor...
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Hello everyone. Needing some advice on the smartest way to use funds available to me to build my portfolio with Multi Family properties. I am fairly new at Real Estate investing and a little late in the game at 61. ...
HiWhen I moved to more appropriate home, I rented my previous SFH which is 7 miles away. Facts:-The move happened on Jan 5 , 2013.- I have 265K loan on that home with my net payments $1800pm (Tax+Mortgage+Insurance) a...
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Hello Community!
Does anyone check fsbo sales (not on the mls) when trying to comp a property out? Also, how would you check the fsbo sales? Tax records? Thanks in advance!
R...
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What is an average price for a list on listsource? or price per lead? I've tried creating several lists, and the prices seem to be all over the map ranging from $500 to 13K for the lists I've created. I'm sure I'm doi...
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Deal5 plex- Four 2-1 and One 1-1Current rents 4650Possible to raise to 4800Asking price 475,000 offer of 450,000 acceptedIt’s in excellent condition, well maintained and fully rented in great school district Newer roo...
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So I have been thinking about getting into real estate for a while. I have been listening to the pod casts, watching the webinars, doing some analysis, trying to convince my wife, and investigating my local market f...
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Hi all, we are looking to buy a property on a RM-1 zoned land. The house already has two kitchens, two bathrooms on each floor. Yet per tax assessment, it is listed as a one family. How do we convert the home into a l...