Eric Justice
Positive Cash Flow Question
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...
Mark Lynch
Equity position/LTV percentage?
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...
Bradley Ritter
Junior lien position rights
Can you Foreclose on a home that you own a junior mortgage on ???
Daylen Fiallo
Assistant Property Manager Position
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...
David Roe
2nd Position Mortgage Financing
$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...
Tim S.
2nd position exit strategy
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...
Kyle Eckert
radiators: positive or negative?
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 ...
Dan Corbiani
Second position mortgage notes
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...
Ryan Talbot
Wedgewood Inc Runner position
So I really want to immerse myself full time in the real estate world and I am working a full time job in a hospital that I am not totally in love with but it pays pretty well. I have started taking real estate licenc...
James M.
Estimating Tax Return / Positions
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...