Slocomb Reed
Tricky Tenant Situation In A Flip
How would you resolve this issue?I recently came across a flip-style deal in Cincinnati, OH where the numbers looked excellent. All-in to buy and rehab the property at $160k with a conservative ARV of $220k and the p...
Donald S.
Commercial loan questions, terminology
Hi everyone, I had a few questions specifically for Commercial loans. If the bank says they'll finance 80% LTV based on their appraisal, that doesn't mean they'd finance 100% of the deal if I got a low enough offer pr...
Ryan Franklin
Raising private money in a syndicated deal
Hi guys...I'm putting together my first syndicated apartment complex deal and I have questions regarding raising private funds in conjunction with bank commercial mortgage lending.For these questions assume I have alr...
Michael Cortez
SHOULD I DO A LINE OF CREDIT ON MY RENTAL?
Hi all, newbie here with a question. I took a HELOC on my primary residence that went towards purchasing my first rental. I'm renting it out for $1400 and my mortgage is $836. From that cashflow $215 is used to pay th...
John Dersoe
Form LLC for the rental property?
I'm moving to Tampa and considering keeping my 2 fam in NY as a rental property, and possibly purchasing another rental in the Tampa area. Would you form an LLC for each of the rentals and why?
Cindy Lamug
Las Vegas Wholesaling/Wrap Around Mortgage Opportunity/ Question
Hi guys! We've started mailing letters to homes we've come across on our drive and got a response from one interested, out-of-state seller. His situation is that he purchased the property before the market crashed, he...
Nick Eckemoff
Buying rentals in rural areas?
I did a search and found a few threads about this but they are pretty old.I am having a hard time finding properties in cities and suburbs that are what I'd consider a deal due to the high demand and low supply. Howev...
Henry Clark
Self Storage-So you just died. Did you send your family to Hxxx?
There was no reason, but the day I hit 30, I realized it was “ME”.
Everyone around my family was doing fine, work was great, it was a
nice day. Just for some reason, I realized I was the person in
charge of my li...
Gerald Surprise
Passive Glamping Development
Is anyone familiar with Passive Glamping Developments. It's a company which started a Glamping business in Puerta Vallarta. I'm interested, but like more information from anyone who has knowledge.
Brian Mackey
House Hack Realization...
Hey so I was thinking about something the other day. I currently House Hack, using AirBNB (Yes Covid has disrupted it a bit), but Pre-Covid I was covering the mortgage +1000's. This equates to $2400 a month on avera...