Mattie Neunzig
How are you calculating MAO?
How do you calculate your max allowable offer? I feel like I see a lot of formulas specific to people who are wholesaling properties under $300k and out here most properties are over that price point. I want to make s...
Account Closed
Effect of flood zone on rental and resale value
I'm looking at a property in Indy that I can pick up at a good discount to the comps ($42K vs. $ 53K comps). Its in good condition and rent ready. The only catch is that its in a flood zone. The cost impact is that I...
Logan Hampshire
Where to find Notes that are not from a passed around list
Hello, Where can I find Notes that are not from a passed around list that everyone has seen already. I am looking for notes that are from Banks and not from the notes selling companies that are out there. thanks
Lindsay Rudolph
Jumbo Loan for first deal?
Hello! As a brand new investor, would a jumbo loan be a good option for a multifamily property (looking at tri/quadplex)? Looking in the city of Chicago and would be putting down less than 20% due to the high cost of ...
Terry Portier
Garage/Room Addition Build
We're doing a two story garage/room addition for a homeowner in the country I thought I share the build just for fun. We are just doing the major work the homeowner will do the finish. 25 X 30' foot footing s/...
Kortez Walker
Why is Indianapolis one of the top markets to invest in right now?
I've been geteting calls from California investors and from places like Colorado and things like that in regards to wholesale properties I've been marketing and it's amazing. Why is Indianapolis one of the top markets...
Douglas Lee
Out of state section 8 portfolio deal
I came across an investor, who wants to sell a portion of his portfolio to raise capital for a project he wants to build. The portfolio contains a handful of Section 8 SFRs that offers good cash flow. The properties a...
Max Himelhoch
Student Looking for Some Feedback (Chicago)
Hey all, I'm often on here reading, and taking in a lot of terrific advice, but rarely on my own work. Currently in school, and put together a feasibility study for a property in Chicago. Would love to get some feedba...
Shari Posey
ASAP--need to find a private lender or should I lend???
Here is the situation...a buyer is trying to buy an owner-occupied SFR with 45% down, mortgage amount of approx. $240k. Great credit, good employment history. The problem has to do with her lack of a working visa ...
Jarod B.
Commercial loan options
Purchasing a package of SF homes using a commercial loan.
Options include
15 yr Amortization
7/1 ARM 4.75%
10/1 ARM 5.25%
15 fixed 6.5 %
Considering the current lending environment, which would be the better o...