So here is a bit of context. This is a quadraplex in a beach community in Connecticut, and it has been vacant for a long time period (read years). Due to this factor I don't think that conventional finance will touc...
So I coined my own term “Pleasant Nightmare” after a started my first 2 flips.One in Sparta, NJ Bought it for $175kRehab budget $125kShould sell for $425kOne in Hillside, NJ Bought it for $95kRehab budget $35kShould s...
Hi! I was seeking some insight from CA based Loan Officers (specifically independent LO’s) regarding how you got started, your day to day, and compensation. I am currently W2’d working on a team for a mortgage company...
I currently have a 48 unit complex under contract and will be closing the first of July. I have explored a few different loan options for this type of project. Wanted to see if anyone had any suggestions I haven’t che...
To get started on our first real estate deal, my husband and I are planning on selling our current home which has a small mortgage on it (15% value of home), downsize so we have no mortgage, use some cash from the sa...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $56,000
Cash invested: $4,630
Single family home Bought and rehabbed in the South Hills of Pittsburgh.
- 2 Bed
- ...
Need a little help here. My sister, a beautician, is looking to take over the existing building where she conducts business. Apparently the owner is non too happy with current manager and is motivated to get a new...
House bought in 2009 with $115,000 left on 30 year note.
Pmts w/o Taxes&Ins = 705.11 @ 5.8%
Property taxes paid separately @ $3360/yr
Rent estimates at $1300/month
Ins pmts about $200/mo...
Last night I attended my local REI meeting and the topic was about private lending. This seminar was so helpful and got my wheels turning about prospective family and close family friends who could potentially be a pr...
Cash accounting when do you post yours? It won't record at the bank on Saturday not a business day thinking to post on Tuesday when business is conducted. Can probably go either year so whichever works best the way to...