Account Closed
2,200 mailers, 5 calls. What to do next?
So I started my direct mail campaign almost a month ago. The first batch of postcards went out on Feb. 1st.I got 3 calls on the first 1100 post cards that went to out of state absentee owners in areas surrounding Denv...
Rivy S.
Two mortgages at the same time, will they know?
Here's the background: I have an investment property under contract here in the DFW area, and we are actively looking for a primary residence as well. Both together might possibly put me over DTI restrictions. (I've...
Lynn Harrison
what is a "Lonnie deal"?
what specifically is a "Lonnie deal"? anybody have a link?
I gather they are re-sell deals w/owner financing. Anyone doing this in California?
Kerry M.
Why a 7 year loan?
Hi - I have spoken to two bankers. The first is with a major bank who was talking about a 20 year mortgage. The second, a local smaller bank, without an application and over the phone, mentioned a 7 year 'abundance ...
Steve Hodgdon
Working out a Distressed Note - to start some discussion
There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...
Jared Trindade
Real Estate Market in Fayetteville NC
To The Ville!
*If you follow my posts you know this is rather quickly to do another post for Fayetteville NC, however, my original Fayetteville post was not done in the current format that I now use, therefore lacks ...
Luke Mitchell
Kent Clothier REWW...Legit?
Hello everyone! Hope everyone has a Merry Christmas! Has anybody used Kent Clothier's Find Cash Buyers Now or Find Motivated Sellers Now Programs? I am looking to buy both and would love some feedback. Thanks!
Kenny Rains
Investing In Portsmouth, VA?
I’m curious to see if people are actively investing in Portsmouth, VA or if it’s on your watch list. Of the 7 cities this seems to be one of the few that still has a relatively low barrier of entry and there are still...
Darnell Robinson
DSCR loans for $50-$80k purchase price
Greetings!
My partner and I visited Detroit MI this past weekend and found 2 deals:
TRIPLEX for $50k with ARV of $130k with one unit already rented at $1000 & the other two needing about $30k to rehab. Addres...
John Warren
Help! First late rent
Hello everyone!My wife and I closed our first deal on the 7th on our new four unit property which is fully occupied. One of the tenants is a co-worker, which was not something I was terribly excited about initially, b...