Ryan F.
Investing into negative equity but below replacement cost
I'm looking to buy a cash flow SFH in the Atlanta area with 8% CAP rate and 10% CoC return. However, the appraised value is only 80% of purchase price ($100K) so I'll have to kick in $15K extra cash to close with a tr...
Robert Taylor
Experienced auction buyer looking for advice on how to deal directly with current homeowner about to lose their house at the auction
Between my brother (who is my partner) and myself, we've bought at least 40 properties (residential and several commercial properties) at our local sheriff's auction over the last 10 years. As is common with a lot ...
David Piqueira
Creating LLCs to Invest in Paper
I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...
Ryland Taniguchi
Mistakes I Made In Construction This Year
A little bit my background. I run 3 hedge funds currently and have worked 3 years as a framer and finish carpenter. I have done more than 300 construction projects and development projects. I also studied for my certi...
Shanna Beverly
"Subject to" Wrap Loan using owner financing and a RMLO
Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....
Devin C.
Using fha loan at 3.5 % down then after repairs, cashing out the equity for investment?
Hey everyone, so I'm not sure if this is possible or not, but I figured this would be the best place to ask. Right now I believe the only way I can obtain a loan for a mortgage is to get an fha loan. But they require ...
Lynn Taiel
I need Advice! Judicial Sale Purchase Gone Mad
My husband and I purchased land at a Judicial Sale. Now we get an attorney's letter from the previous owner stating they want the property back! Can they legally get their property back from us? We bought it fair and...
Sven Simon
Agent Commission Deal when Flipping
Hi all,
Wondering what your thoughts and experiences are on the following:
I'm a flipper, and as an 'incentive' for agents/brokers, I generally agree for them to be the listing agent of a property that ...
Nicholas Weckstein
I’m stuck at my current position
This post is me blowing off steam or seeing if I’m missing anything. I currently own a Triplex with an 85k note left on it.
I profit roughly $750 a month plus whatever the mortgage pay down is. I’m not complaining. ...
Charles Norman
Note purchase questions
I need some help on how to find the right people at the bank and how to present a compelling offer to purchase a NPN. We have done the financial analysis, tracked the foreclosure and bankruptcy processes, spoken with...