Gani Veer
Need Analysis of Flip
Even though I have experience with rentals, trying to do a flip for the 1st time. Got a property under contract in Beverly Chicago. I am just trying to find a good contractor and money lenders..Purchase at 245k, wher...
Nicholas K.
Need Help Understanding Hard Money Loans. Thank You!
I am new to the BRRR process and I am trying to wrap my head around how hard money loans work. My questions are; Does the money pay for the property and the rehab costs? Do I put a down payment down? And if so, doe...
Jennifer McMann
Newbie Question
How would one go about finding short sale properties available for wholesaling contracts when alot of short sales are represented by real estate agents? Would you work with agents on their short sales? With today's ma...
Kenneth LaVoie
sell or keep?
I did an experiment where I bought a fc 2 family in an undesirable neighborhood. 27K, great shape, BRAND new bathrooms, fixtures, etc. All we did was put new carpet, linoleum, paint, THEN enrolled it in the HESP progr...
Gabriel Suppes
Buy the note and sell back to the homeowner?
Has anyone seen the following program?
The homeowner is owes 300k to on a first mortgage and they are behind on payments and the current FMV is 150K.
A company offers to come in and purchase the note from the lender...
Steve Stuart
One hot water heater for 32 Units... enough?
I wish I posted here more... but I do spend a few minutes each night perusing. Here’s what I’ve got:Purchased a 32 unit former motel property that will now be 1/1 apartments. Kitchen sink, bathroom sink, tub/shower. T...
Jonathan Soto
Looking to help anyone start
I'm an investor in Newark NJ which also holds his Mortgage lending license. if anyone has any questions/concerns please reach out. Also if you have any questions of starting out with FHA/VA/Conventional i'm more than ...
Alexander V.
How do appraisers determine projected cap rate (in reality!)
Hello,
This has been asked many times, but after reading multiple other forum posts and articles, I still don't feel that I've found a straight answer. The most common appraisal method for commercial properties that ...
Sean Dezoysa
Seller raises the price on you while you're driving over--how to react?
Of of the wholesalers in my mastermind group agreed to a price on an apartment building and started driving over to see the apartment. Midway during the drive the seller called and told him he couldn't let it go fo...
Morris Lucas
Vacant REOs, useless?
Do most investors ignore vacant, overgrown grass , REO properties with code violations and tax liens? Have one that's been that way for a year, wondering if only strategy is offer the bank to buy it cash?