I am looking to buy an investment property in 3-6 months. Ideally, I want it to be a condo in the Chicago area with positive cash flow. It seems difficult to find a property with positive cash flow. I am looking for a...

What equity position in a home would a bank need for me to cash out refi at 80% LTV?I have a home that will be worth at minimum 150k with 67k mortgage on it. I’m planning on a cash out refi to get my money back out of...

Can you Foreclose on a home that you own a junior mortgage on ???

Hi Everyone,I'm a recent Finance and Economics graduate and currently working as a financial analyst. I'm looking for an opportunity to work as an assistant to property manager as I don't have the experience to be a p...

$85,000 property for sale with great cash flow, I have $10,000 but it's not seasoned in the bank.  Local bank will do 25% LTV making needed Seasoned cash at $21,250.  What's the best way to leveage this process?  Lets...

Hi Note People,I'm trying to learn more about NPN 2nds, and wondering about this scenario: (assume 1st is performing)If I have a 2nd position Non-performing note, without enough equity to even cover the first, or just...

Hello all,In your experience when selling an older home rehab, do you find it a positive or negative to have a  radiators as the heating source?Follow up: If you are installing  whole-home AC anyway, do you leave the ...

Hi everyone,My wife and I have purchased a few performing notes and really like them, but are looking for something with more value add in the note space. We’ve been investigating second position mortgage notes but a...

Hey guys, I have a quick question regarding taxes, and tax strategy. I know many of you are probably shaking your heads because one shouldn't invest for a tax advantage, but I live in California, have a high income w2...

What’s a good positive cash flow amount on a investment property?