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I've been working several configurations to get this to work. This is my first experience with focusing on terms instead of low cash offers. I'd love your ideas. Here is the breakdown.2/1 SFR House free and clear. Se...
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Hey all,
I am working on my first deal and this question keeps nagging me. In some situations I have the ability to pay cash for a property - either with partners, HML or personal funds. Ultimately, I obviously want t...
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Hey everyone!Newbie here probably asking a very basic question, but nonetheless, I need some clarification. I am trying to figure out how the process of paying back a private money lender works. Now, I'm sure there ar...
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Hi all.
Making my first step into the real estate world. Started an LLC with a best friend and putting a cash offer in on a bank owned property. Planning a flip of the property with 50k cash buyout + 40k estimate o...
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Sorry if this question has been asked before, but I’m s little confused. Hopefully you all can help. If I use Hard money to purchase and rehab the property, considering the HML gave me 70% ARV, how will I get any cash...
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what does that term " hard money " mean?
Nightowl :oops:
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I submitted an offer on a REO property recently. The offer was all cash and $1,000 over the banks asking price. I called the bank to verify if the offer was received and found out there are "multiple offers" on the pr...
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Hey all, I just wanted to throw this out there to find out what everyones experience has been when working with a portfolio lender.Let me start by saying, a bank saying "no" is not exactly headline news, I know, but s...
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OK, I'm not sure if this is the proper forum for this question, but I'm sure that if its not, someone will let me know.
Anyway, here is the situation. I am looking to put together a long term strategy for investing i...
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I have just bought my third rental property, all purchased within the last three months. I was able to negotiate three great deals, two of them for nearly half of the market price. All were purchased cash and I have...