Ok, so I live in a house that the owner is doing a short sale, he was asking for 350k, and is now asking 325k. I am currently renting a room and will become the "landlord" of the home come 4/1.
The owner does not liv...
So, I am looking at doing my first rehab. Are there any tips for estimating how much the rehab will cost? Would it be frowned upon by the seller to get some contractors out to take a look at it and provide estimates b...
For those who do not know me, I have been predominantly focusing on rehab flips for the past 2 years here in my own backyard (Southern CA). In that time, I have been very successful and chose to make this my focus bec...
Like many investors, I initially chose to invest in multifamily because I was investing in single family homes, and I wanted to grow my portfolio faster than that asset class would allow. What I didn’t know was that ...
let's say I offered to carry a 20% note to move a property quickly, and found a buyer. I would assume their lender would be in first lienholder position. If the buyer defaulted on the loan (s), wouldnt I be last in li...
Hello everyone,Apologies for the long post but I think it's warranted to see the magnitude of the factually inaccurate appraisal I received recently. I recently dealt with a bank who had approved my loan request throu...
I am interested in mortgage note investing but have no experience (only some book knowledge on the subject). I am planning on comitting $10k to $20k as my starting investment amount with a focus on a relatively safe ...
Background info: We currently own our house and a triplex in CA and 2 fourplexes in AZ, and we have some money saved up. We would like to get into the 5+ unit realm of investing, in another state. We plan to move...
I've brokered lots of rental deals where the tenant is requesting the landlord to do extra work or make improvements. Could be installing a dishwasher or laundry, refinishing floors and painting, or even more extensiv...
It's a popular question people are asking me these days. Here are my answers...Will rates at some point be lower than they are today? Yes. What most people really mean when they ask me this question, though, is whethe...