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How do I make myself attractive to hard money lenders if this is your first real estate flip, rehab, or long term property?What exactly do new real estate investors show hard money lenders to get a loan? I haven't tri...
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Hello,I have a question about a situation I am in and I am trying to weigh the pros & cons.I currently own a 4 unit property that has approximately 25 years remaining on the 30 year fixed loan @ 4.375%.Current pay...
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Hey everyone! Analyzing my first possible buy/rent property. It’s a condo in the north Dallas suburbs. I’m planning on offering 30k below list (all cash) because the monthly HOA is quite high at $430 a month and the d...
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On a large loan, all things being equal, would you rather have a 6% loan with a personal guarantee or a 12% non-recourse loan? Assume a 10 year loan where you have cash flow rentals that can easily cover debt financing.
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Hi, I am looking for a good rehab contractor for one of my properties and a good property manager for both. Can you please provide recommendations?I am looking for advice from Investors that used those professionals i...
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What are consequences of not paying HOA dues. We pay 900 per month HOA due in Dallas, texas, small house, and HOA does nothing at all. We know many neighbours who didn’t pay HOA dues for many months and nothing happen...
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Hello, That will be my first post and my first investment as wellI made an offer for a condo at chicago suburbs and finally it was accepted. it's a condo 2beds 2 baths for $195K. Now i am trying to apply for a loan an...
Hi everyone, My first post here. Wanted some advice on rentals especially in dubai where the marketplace works differently. In Uae, capital appreciation is based on rental roi. If rents are up, prices are up and capi...
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Hello People,I am looking at putting a MHP under contract and would like to have some advise on how to value it correctly; the details to hand are s followsa) 34 unit MHP (15 of them are POH ) asking $350Kb) Total Gro...
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I am certainly one of the bigger proponents of STR's, but I do think it is important to keep in mind that these are assets which require creativity, upkeep, costs, and a whole lot of TLC. With that said, I think it is...