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Wondering if when you are bidding on a property to flip what type of consideration should you give to the current tax value and how much you are willing to pay? I know the 70% rule and then subtract rehab costs, but h...
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I found a deal that looks pretty good to me after looking at dozens. I am hoping some veterans can jump in and tell me if I am missing something or if I am on the right track. In case I am breaking rules I don't want ...
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Has anyone ever received a defective appraisal back?Notes below from the lender regarding the appraisal. “PNMAC has determined that the appraisal is defective. The report provided does not provide a rent analysis th...
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I'm looking for a Vermont realtor well versed in short sales and willing to do them. I'm not sure the situation I've come across in Barre Town will work as a short sale, but I do know the seller's bank is willing to c...
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Any multifamily people had success in reducing expenses or replacing a boiler/radiator system?
It's a 10-unit built in the early 40's...
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Hey all,I'd be interested to learn how some of you structured your first few partnerships. I know there are many good ways to do it, and so I'm not looking for the perfect/right answer, but rather some ideas of what ...
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My last rehab has had a series of issues which pushed things out further than I expected. It hasn't sold fast enough so I decided to utilize my exit strategy of doing a lease purchase. I would like to discuss this wit...
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So we have one property that's in a 'less' desirable area of town. It's a decent property and currently produces about $300-500/mo in cash flows, not including deferred maintenance allowance. The property is rented ...
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As I understand, you can qualify as an accredited investor if you've made 200k for two years and reasonably expect to continue. I assume this is based on AGI on your tax return?
My question is, could I qualify if in...
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Hello, wondering if anyone has any experience/knowledge with a cash crop? I’ve been reading about some returns that can be achieved and it definitely has me thinking. This is according to one source. Maybe it’s very ...