Sean Dougherty
How or "if" to negotiate junior liens in a short sale.
Trying to wrap my head around this process.I have a seller who has a home underwater. Selling via short sale. She is divorced an although husbands name is still in on title, she has court approved authority to sell ho...
Ty Cover
Take the equity and less cash flow or
I purchased my first BRRR in November for 80k. I’ve invested 70k turning it into a duplex. The top is already rented for $2000 and the bottom will be rented for around $1500 when it’s completed in a couple of days. Th...
Laura Sima
First rental advice needed: STR!
Hello! I have a few questions about purchasing an STR. It would be our first rental property. 1) should we form an LLC first? Or can we do that after the purchase? 2) STR insurance: I’m guessing we should purchase a p...
Will Stahl
Cashout Refinance 3 Family Properties
Hey Everyone,
I own three 3 family properties. I purchased them in the past 2 years. I've completely remodeled one of them and am almost finished with the other two and along with the appreciation we've seen recently...
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35 Suite Apartment Advice
I am in need of some advice on a piece of property that my friend and I am looking at. This would be our first multiple unit purchase.
My question is regarding whether the numbers work out to be a reasonable and soun...
Philip Bourdon
Use My Money or OPM?
In September I will be 59 1/2 and plan to utilize my 403b for REI. The amount I will have to use after taxes is between 90-100K. My chief desire is to buy ( and hold for at least 5 years) multi-unit house (preferably ...
Avi Yanivor
Advice for Mortgage for first home
Hello,I am new to real estate investments and looking to get my first house.I do not own a house.When I was shopping around for mortgage with few of the bigger banks I got the same answer that since I do not own house...
Account Closed
Creative financing question
Seller owes 120k on a 400k building His goal is cash flow for retirement His mortgage is 2,200/monthAfter expenses he’s breaking even due to below market rents...should I... do a wrap around mortgage pay his 2K mortga...
Sandra Ruiz
First Time Working With Notes
Hello Everyone,
I am a new investor and I have a client that wants to sell a hard money loan.
The current loan amount is $180,000 and it has 120 payments left. It is currently at 12% interest and she wants 8%. She a...
Joe Bol
How to get on the title of a 1031 exchange
I own and manage short term rental properties in Maui. Recently the short term rental market drove off a cliff, not the first time. In the meanwhile, a friend was in the process of 1031 exchanging into another short t...