Rick Strobel
Possible first deal on a flip - happening really fast
I don't know where to start, so I'll try to start from the beginning. :D I've been self-employed in the technology field for about 10 years. I'm reaching middle age. My plan when I struck out on my own a decade...
Jackie P.
Sun Communities Park Takes Long to Verify Buyer for Lot Lease
Help, do I have any recourse at all? This is the second time on the same home. First time took very long and I had to call corporate. IRA repossessed the home and it's taking long again. Yesterday I finally cal...
Jay Mani
High bank loan rate 10.5% in high growth market (15 - 20%)
This is speculative. But would you do a deal where 80% LTV @10.5% for 15 years.
The property is in a high growth international market - 15% annually. No cashflow since this would be under-construction.
How should i e...
Scott S.
*NEWBIE* Want to purchase more properties minimizing down payments
First post...just learning the game. Please spell out acronyms!! THANKS!!I've purchased two four plexes in the last 9 months, the first was an FHA loan that I put 3.5% down, the second was a short sale that required a...
Roy Williamson
Hard Money loans?
Has anyone used hard money loans to purchase a buy and hold rental property? I have excellent credit and cash reserves, but I want to buy a fixer and don't want to deplete my reserves on one property.
Has anyone t...
Chad Mayo
Need A Bank for Refi
Currently renovating my first BRRRR property and looking for a bank that will let me cash out 75% LTV without a 6 month seasoning period...anyone have someone local I could use? I'm getting no's everywhere. (some nati...
Bryan Williamson
Provide air conditioning or not
We have a double the we just finished renovations on and were planning on providing central ac for the tenants. My hvac guy thought the cost would be around 3,500 for both sides. But now the cost is closer to 6k. We t...
Barrington Duncan
Looking for ways to approach this Multi Family any Ideas?
Price:$14,240,000 No. Units:178 Building Size:183,648 SF Price/Unit:$80,000 Property Type:Multi family Property Sub-type:Garden/Low-Rise Property Use Type:Investment Cap Rate:8%Occupancy:94%No. Stories:2 Year Built...
Houston Pitts
Advice how to market a mortgage
I bought a property in 2004. Later one of the renters wanted to buy it from me. I sold it to him via owner finance. Some years back he could no longer pay for the home and was moving away. I took the house back for...
Arthur Mayer
How are Delinquent Taxes handled/accounted for on NPN 1sts
Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...