Chris Igard
Offer above appraisal
I bought a HUD home at 83K and the appraisal just came back at 80K. We would have to come to closing now with an additional 3k. This is an owner occupant. Any advice would be greatly appreciated. The house needs so...
Ben Kirchner
Buying a house where seller carries mortgage.
Here is the situation:My friend is about to sell her house. She says she is looking for $180,000, and will put it on the market in about 6 weeks. My wife and I are interested in her house, and have discussed trying ...
Jorge Abreu
Five Phases of a Value-Add Multifamily Syndication
The Five Phases of a Value-Add Multifamily Syndication
Each real estate syndication goes through a progression of stages with a clear beginning, middle, and end, which ensures individual investors operate as one, acc...
Champ Leong
How can I make sure I can get my asking price for rents?
My plan is to get a house under contract and during the due diligence get a rental contract so I know I'll have the income to pay the mortgage and expenses. If I can't get a rental contract for the amount I need a can...
Account Closed
Can I refinance an investment property?
I bought an investment property almost 2 years ago and I am considering refinancing due to the super-low rates and an increase in my credit score. The goal is to reduce my monthly payment so I get better cashflow. On ...
John C.
Insurance for if I forget to insure a property
I own 100+ properties in PA in my LLC which I am sole member of. I am always afraid that an insurance policy will lapse and I won't notice and then there will be a fire or something with serious liability or repair co...
Zach Plackemeier
Syndication, JV, preferred return?
I know I’ll ultimately be getting some legal/tax advice on this but I am looking to raise capital for essentially a fund I guess you would say. It will be 100% tied to RE but I want to offer investors a return of ar...
Nick Webb
90% Purchase and 100% of the Rehab (Myth??) Local Lender or National Lender
Looking for Hard Money Lender (Washington DC market) FIX AND FLIP specifically - Ive heard about 90% of purchase, are these deals still out here? I did get a few quotes for Hard Money but none were close to that equat...
John Miller
Rental Property under LLC?
I am a newbie with Real Estate investing but have always wanted to get into rental properties. Single family to multi-family to commercial. I was wondering if it is wise to keep rental properties under an LLC or just ...
Nicholas Foy
Real estate investment failure
I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...