AJ Wong
Please ask your Realtor and Lender about Seller Concessions
To be fair, I'm posting this as much for investors as I am for other Realtors. Partly because in times like these (or any market really) seller concessions can be an excellent tool for improving buyer conditions, but ...
Steve S.
When should I pay off my mortgages?
One of my goals has been early retirement. 2 of the rentals I own are going to help achieve that goal. Here's a quick summary of each: 1) 30 year mortgage, 4.125%, $1,350 / month rent, 30% equity 2) 30 year mortg...
Russ McKelvey
Raising Rents on New 4 Plex in Colorado
Hello BP.
We close on a 4 Plex in Colorado Springs on Friday 28 JUN 13. The appraiser and agent both think we need to raise rents from $800.00 a month to 850 or 900 a month based on market rates.
Three tenants are o...
David Ma
Investing Million dollars
I was hoping some of the local guys will help me answer this question better. If you had a million dollar cash and had to only invest in new york city, what type of investments would you aim for? Also - due to the tig...
Sam Leon
Bank countered on my SS offer, now what?
This is my second short sale, first one the bank accepted, so this is the first time I am in this situation.
South Florida, single family 2 bed 1 bath home, in fair condition, everything works, no major work ...
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
James R. Copeland
Balloon payments in commercial lending (ticking time bomb?)
So I would LOVE to eventually get into Commercial Real Estate, especially apartments, but realize the commercial loan world is much different from SFR's. The part that keeps sticking out to me is the concept of a "bal...
Cody Schooley
Thoughts on Using 401K Loan for Down Payment on First Multi-Fam
I have about $5-7k saved up that I would be willing to invest in a deal. However, I have about $25-30k that I could tap into via a 401K loan that I would be paying back to myself. Looking to put this money into a smal...
Daniel Mohnkern
Banks selling you a note?
I just got an strange idea. Is it possible to buy notes directly from regional banks? And, do they generally sell notes at a discount? My thought was, wouldn't it be interesting to get a loan from a bank as an inve...
Doug Davis
Subject To - Equity and Seller motivation
I've been watching YouTube videos, reading, listening to podcasts. A couple of investors said that it was important that homeowners had a certain amount of equity before they make an offer using the subject to finan...