Erik Browning
Subject prop. cash out refi - settlement to plaintiff?
Haven't seen this before: the prelim shows an active suit, borrower wants to cash out an investment property to pay the settlement. Some proceeds to the settlement, some proceeds to the borrower. A NonQM lender of min...
Everett Stephens
Cash On Cash Return...Or, should I use another metric?
Greetings -- Thanks much in advance for your consideration. Measuring Cash On Cash returns is a go-to benchmark for me. However, it doesn't seem to make sense in the case of a cash-out refi when there's sufficient e...
Shawn Long
Opportunity Investment Zones
How does a self directed IRA compare to an opportunity investment zone and what is the most common strategy used in combination with either?
Aidin Flores
Multi Family Property Valuation
When valuing a small multi-family deal (2-4 units), how should you go about doing it? Should you make your offer to the seller based on NOI and cap rate, or should you make your offer based on local comps and conditio...
Louise Whidby
Equity definition in RE
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Daniel Dietz
What Counts as Hours for Real Estate Proffesional Designation?
Hello All, I have been doing some reading up on how to use 'excessive losses due to depreciation' and of course came across the Real Estate Professional Designation for tax purposes. This is realated to buy-n-hold ren...
Eric Bilderback
Class C vs B
If you had a two properties for the sake of argument pencil out to the same NOI. What would be the premium or difference between a class C and a class B property? The B should at least appreciate more so you should ...
Joanne Jang
When is right time for 1031 exchange ?
Hello!
I owned property from 2001 and now . First 10yrs (2001-2011) period was my primary resident and later yrs used in rental property.
My capital gain is around 1 millions and think to switch another property wi...
Nicholas B.
Multi-Family Appraisal questions - two unique situations
I have an 18 unit multi-family property that has rents that are roughly two to three times higher than the neighborhood comps. My 300 sq ft studios rent for $600 and the property across the street gets $700 for 1000 s...
Eric Hathway
How is the "Assessed Value" calculated
I have bought some properties above assessed value and some below. Assessed Value and market value don't seem to be parrallel. Can someone explain the difference? I mostly interested in multi family buildings. A lende...