Elijah Faas
Help with deal analysis
Hey all,A deal has recently fell into my lap. It is a land contract for 180k with a 10 year balloon, 15k down, 4.75% interest. Its a 2 bed 1 bath in a area of town built around the 60's. P&I would be around $860, ...
Stephen Morton
House flipping advice thanks!
Hi I’m looking for some advice/guidance on starting my house flipping journey. Me and my business partner have saved 100k and are looking for the best way to start our project. Things I’m looking for are types of loan...
Matt Smith
Detroit or Austin
I would like to invest in either Austin or Detroit to buy and hold. I have 200K to invest.Any recommendation on which one has the highest cash flow? Any advice? Should I focus on a condo? single family or take a loan ...
John West
If it looks like a rat, and smells like a rat....
... its probably a rat, I know, but I want to know if the offer I have received is legally possible.I want to sell a property to a tenant, but he doesn't have much for a down payment. He has contacted every lender/rea...
Crystal Aasir
Learning How to Analyze a Deal
So, basically I wanted to start practicing analyzing deals. I saw a house here in Atlanta for 14,900. The last 5 homes sold anywhere from 58 to 68k the closest home comparable was sold for 65k. The home is 3bd/2bth b...
Luke Mccandless
Scaling and financing issues
Really need help scaling! I need to refinance a current Gatlinburg STR house but I also want to buy another before the end of the year. I'm being told I can't have these loans going simultaneously? Also, wondering i...
Jack Alves
Super high utility costs
I am in contract on a property I initially intended to buy as a rental. It is also a possible flip. The house is vacant. I don't know for sure how long but it seems like it has been a while. I called WE and learned th...
Gregory Wesley
Starting up as Short Sale Broker in Houston, TX area
I have done several Short Sales for friends, family and referrals and now I'm wanting to market and bring in short sale leads. I have read many posts here as well as blogs found on the web about short sales. I was t...
Samson Tefera
City inspection on a 1.5 year vacant property
I bought a home that flooded during harvey. The home has been vacant for just over a year. In talking with my contractor, who has been doing this for 30+ years, he is asking me not to involve the city as far as permit...
Aaron Armstrong
Lending Ideas for a large (for me) purchase
Hello all! I am looking for advice or ideas on how to make this deal work. Property description: Recent appraisal ~ 4,000,000 - 400+ acres multiple dwellings and buildings. I have a business plan for cash flow afte...