Investment Info:
Single-family residence fix & flip investment in Chicago.
Purchase price: $55,000
Cash invested: $143,817
Sale price: $212,000
Partner deal, 50/50 split of profit.
What...
Has anyone had any experience with Custom Mtg Inc, NMLS# 1556995? Trying to find a lender to do a cross collateral loan on raw land. The NMLS can be verified but can't find much information at all on the company wit...
Do you guys know or can recommend someone to be our Project Manager? We are doing fix and flip and we wanted to have someone join our team to be our project manager for the rehab. Thank you!
I recently closed on a pair of houses with owner financing and was wondering how long I would have to wait to do a cash out with a portfolio lender. I haven't yet identified a lender yet so I have not been able to...
Hi guys I'm new to this community! I've been lurking for about a month now and I haven't seen this discussion at all so far in this forum. But out of curiosity what/who do you guys use for your land lords insurance an...
Hi everyone,I am purchasing a slab bungalow in Old Brooklyn on Fulton Pkwy. Does anyone know if there are issues in the area with water/sewer backups? It's $80 on the year for $5k of coverage but if it's not somethi...
Who decides how much % I pay for the mortgage rate, me or someone else?If someone else, how do I discuss to lower the % so I can better afford the monthly mortgage payments.
If you have good credit and enough for 10 percent down, is there any reason to chose fha 203k over homestyle loan for primary residence?I’m that that homestyle offers:Lower interest ratesMore flexibility Less red tape...
I want to get started in rental property investing and I was hoping to stay local with (at least) the first property I buy. I live in New Jersey where property taxes are very high. Would I be better off buying propert...
Hello fellow members, I'm doing a study to better understand the most common challenges faced by investors, and so that I can better serve you. So my question to you is this:When it comes to real estate investing, wha...