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Has anyone tried to get mortgages for longer than 30 years? I am thinking if I could try to get a 40-50 year mortgage I could get more cash flow out of the properties in the short term. Are there any companies that wi...
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One of my loans was taken over servicing by Shellpoint. Since then it's been a pita for the last 6-8 months. Essentially my taxes suddenly weren't being paid and they subsequently lowered my escrow payment. I initiall...
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I have an interesting success story to share.A number of years ago, I posted about a 20 room motel in Central Florida that was a bank foreclosure listed for sale for $160,000. I ended up winning the property for $180,...
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I recently purchased a course on lease options that came with a number of legal documents including a purchase contract, lease agreement, and an option agreement.
I'm happy with the course but I'm...
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Hello all. I have had a 4br/2.5ba house on the market since 10/09 with no offers. I originally had it offered through an agent who basically just stuck a sign in the yard and put it on the mls. I had about 15 peopl...
I am looking to build a mini storage, but I'm trying to estimate costs to build. Does anyone have any tips on estimation on 3 acres?
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Hello BP,
I joined this week and new to real estate investing - rental is the way I want to go. I found a 8 unit apartment building $400k and have about 40k to use. Learned at the webinar this week that I need 20% ...
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Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...
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I am the listing agent in this deal. Property is under contract, buyers agent today sens me an insane inspection addendum asking or 40 items and additional credit. The total of which is about 20% of the total value ...
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I'm having a hard time finding BRRRR properties that meet the suggested requirements. I've located several properties that are well below 70% ARV, some even as low as 55%, but I cannot get them to do all of the things...