Hi, I am asking a question for my father, his only income is social security, he gets $975 a month. He sold a collector car he's had for more than a year last month and he's made a capital gain of 30k, he wants to kno...
Here is a a post-COVID lending prediction from Fund That Flip, Inc’s CEO Matt Rodak and some steps you can take now to prepare. In short, you can expect:- Smaller leverage percentages- Larger financing costs - More st...
First, I am anticipating this scenario, it hasn't actually happened yet. I purchased a house 18 months ago with seller financing and theres a 24 month balloon. I have a buyer for the property now. Based on emails with...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $180,000
Cash invested: $30,000
Sale price: $350,000
This charming triplex is nestled in the heart of Su...
Hi all,
I am getting loan from a family Memeber, she want a promise note with a collateral of my property.
I told her that’s fine and try to search for such paper. Anyone one know where I can download a template and...
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
I am currently working a full time job but I would really like to start dipping my toes into real estate investment to eventually quit my full time job. I am a total beginner and looking to start with $25k capital for...
I have operated a barbershop for 11 years renting yes I know don’t judge me. It is time for me to own my own property. I have found a mixed use property for the barbershop with a 1&1/2 bedroom apartment . The sell...
hello,here is a quick type of generic deal I am looking at along with details of my current status:I have 70k cash. looking to fix and flip. I will be hiring a contractor. I can find a housefor anywhere from 50-70k wi...
My new tenants are gainfully employed and very nice. They provided security upon lease signing. This past week, the basement became partially flooded, damaging family stuff I had stored down there and building product...