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I am creating this post to get a better understanding of the many different terms used in real estate in the hopes to further my knowledge and hopefully anyone else who comes across this site. As a newbie, many times ...
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Curious, what if any, changes everyone is making for 2020 given the ever changing note climate? I.E. Are you staffing up, committing more resources to dealflow, raising additional capital, selling off your RPL's, etc.
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So, say I got ahold of a tape, and filtered it down by my criteria that I want out of a note. When do you do what parts of your due diligence?It seems as the DD is AFTER you make a bid on a note, while you have a wind...
Six months ago, I purchased my first rental property. I obtained a traditional mortgage on the investment property, but have since paid that off when I refinanced my primary residence. So I have an investment property...
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I can find private and HML sources all day long but the issue I consistently run into is the minimum loan amounts exceed what is needed and the value or purchase price of the properties.Does anyone know of lenders tha...
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Hearing people say I have a credit line to pull money out incase i need it for a deal. Speaking to a banker just left me confused as she was tap dancing around the Question when i asked her to clarify. Am i looking to...
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I have a property that I want to sell or develop. I might need to use the land for collateral if I develop it. Buuuut, if I get my asking price for it I'll sell and take the money for another deal. I'd also need to st...
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Hello, looking for some advice about how to use my rental home as collateral for a down payment on a primary residence.
The rental we own is in Missouri, worth about $120k, and we own it free and clear. We also own ...
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Hey everyone. A little background first. I own 19 units (commercial, residential, STRs,) and I’m looking to continue to diversify my real estate portfolio with student housing. My current portfolio is valued around $6...
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By this I mean, I have a property which should have a good amount of equity in it but I don't want to wait the seasoning period to pull it out since I just bought it. Is there a way to purchase another property and u...