Clinton Cook
BRRR Strategy when owner financing
I am looking to use the BRRR strategy on a 8 unit complex where owner financing is involved. He owns the property free and clear. I have done a similar deal in the past and I was effectively able to :10% down have th...
Account Closed
Fairy Tales Do Come True..
...it could happen to you ! Well, I finally made the move to Charlotte, and met up with an investor-friendly RE agent, whom I had contacted prior to moving. He had been sending me listings so I got a good sense of the...
Kim Rock
What would be good seller financing terms on this property?
Whenever I see a good investment property I ask if the seller will hold the note.. Most times the answer is no, but a recent agent just told me to propose a plan to him and he'd see if his client would have interest....
Uzoma Onyeije
Finding the Right Property Fast
Hello--I am new to Real Estate investing but I have a busy full time job as an attorney. I have done a lot of reading and am ready to get started on a wholesaling, flipping and buying and holding. I will use one of ...
Christian Wathne
South Seattle, Renton and Burien are so hot the margins are gone!
Hi Everyone, I've done a few deals in the seattle area and am always looking for more. Yesterday I put an offer on a small 3br in Renton which had only been on the market 2 days; listing notes said "offers to be revie...
Robert Ellis
Pre-fab new construction in Columbus / Clintonville Area
Just want to fill you guys in on a project I have been working on myself in the Columbus area. There is an area called Clintonville that is very popular and one of the hottest areas in town. There is barely any new co...
Megan Frank
Accessory apartments and in-law suites
My husband and I own a 2 family home and live in one half and rent out the other. We would like to move to another multifamily and do the same thing. The properties we own now are all under my name and my husband has ...
Eric Hathway
What rate should I expect to pay on owner financed 2nd mortgage?
I am considering a 11 unit building for $700k in NH and only have 10% down. My bank requires 20% down so the owner said he would give me a second mortgage at a rate of 10% for either 5 or 10 years. Is that a high rat...
Ozzy Smith
The Most Important Thing In Real Estate
So what is the most important thing when it comes to real estate investing? Most say the top 3 things is location, location, location... that isn't even close to the answer! If that were true everyone would buy all t...
Derek Lamonde
What CAP rate do you seek? What do you call a "deal"?
Historically, I won't consider anything in NJ below a 10% CAP which is becoming next to impossible given the taxes. I've considered lowering expectations a bit or working with a wholesaler, but finding a good one is p...