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So, full disclosure, I am not at all experienced enough to try this, I am just asking out of curiosity and education.There is a Holiday Inn in the downtown of my city that closed. It is 5 stories and has a small indoo...
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I everyone! I am looking at purchasing my first rental property. A single family 2 bed 1 bath with an unfinished basement. This is an off market deal that the seller is still "working" on to make marketable. He had th...
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What's the most creative way you've used - or know of someone else successfully using - to finance a property (in whole or in part), or some expense associated with it?
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“I could just kick myself”Is what the lady said as she teared up and turned away from me standing outside that rental house. It was early evening, just after she and her husband had gotten off of work. With her back t...
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Looking at a 5 acre parcel for subdivision for new residential lot development. About 20% has 100 year flood plain. Anyone have experience modifying an existing FEMA 100 year flood plain and incorporating it into the ...
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How does it actually look getting my down payment back from a hard money lender?
If I acquire a 100,000 property with a hard money loan, and put 20,000 down....when I do a rate and term refinance, I assume the new le...
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I need some advise on a opportunity I received today. This is the financial information of the deal:ARV = $179KRepairs = $0Selling Price = $135KSeller's Problem = The seller has an existing 30 Yr conventional mortgage...
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Currently looking at buying commercial for the first time. My wife is a doctor and she is a part of a regional group (200+ doctors) and practices with 4 other doctors in her office. The building is currently owned by ...
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Hello BP!I found a house for sale where the seller gave power of attorney to sell the house to his brother. Here are the few details I got from the listing agent:A family lived in this house for a long time. Then the ...
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I've been on the side lines for about 6 months, reading, researching, learning, etc. I've found my first deal and hope to close within the month- duplex which will return 20-30% CoC.I've found a second, much larger de...