Matt DuSold
what happens when the market is better?
Obviously sub-to's are much easier to come by when the housing market is poor and everyone needs to get out, but what happens when the market turns up. Say in three or four years are people who are just using sub-to's...
Ryan Peep
Why the BRRRR method may get your assets frozen
The BRRRR method: Buy, Rehab, Rent, Refinance then Repeat.
This investment strategy attempts to maximize return while deploying the least amount of capital. The idea is simple, put as little down as possible in orde...
Brandon Turner
Partnership idea - viable?
Hey, I've been working on a strategy to get some more properties under my belt, and wondering what you guys think of it. Am I giving away too much? Not enough? Wasting time?
Basically, my plan is based on three prem...
Ryan G.
Bank error not in my favor - Do not pass go
I may just have to chalk this up to a lesson learned, or decide to get a new banker on my team. Tell me what you think.So, I went to finance a house and my banker(who I've done 2 other mortgages with) asked me if I wa...
Hamdaweh Sulemana
No Seasoning Cash out Refinancw
Hello All,I purchased a foreclosed home cash for $150,000 about 6 months ago, spent $25,000 on fixes and have it rented out in an A community @ $1000 a month in Arizona. I want to get some of that cash/equity to use a...
Cassie Wright, Jr.
Purchasing a multi-family with CHEAP rent...
Hi Everyone,I'm currently under contract for a 4-unit building. All units occupied, all tenants are paying (according to the seller).Issue: Current rent is $300/month per unit. Average for the area is $600/month (acco...
Diego Perez
Should I buy This property at Auction? 30K max bid. Worth 220k
Hello Everyone! I am planning on participating in an auction to purchase a house through a Tax Deed.The comparable for houses sold in the area shows the house could be sold for 220K after the title is clean and repair...
Bronson Simmons
How do you tenant-proof your rentals?
How do you tenant proof your rentals? I was listening to BP show 48 and they gave a few ideas. I listed a few of them they discussed plus some from this post. What else do you do?
Screen tenants thoroughlyUse 5/8 dry...
Bobby Gill
Need Guidance: Hard Money Lender Quote
Hello Everyone! First time using Hard Money lending. I need your advice to see if the terms are fair from this local hard money lender. The want to set me up with a $500,000 LOCPersonal guarantee -Interest: 9.99%-90 d...
Scott L.
Default rate/issues on private money loans for flips
Hello, I'm just delving into acting as a private money lender for single family house rehabbers. Common terms I've been offered by the developers/borrowers range from 8-10% interest, for me to invest 85-100% of acq...