Casey Randall Lenz
Buy old condo, somewhat old condo, or build new?
I'm searching my first buy to rent out, and there are a few options in my town. The first option is a cheap condo in a pretty sorry part of town, (45,000 i think?), very large rooms, needs some updating. Second opti...
Nainish Dalal
Sponsor fees in a MFR deal
I am looking at investing in a multi-family residential deal as a passive investor. The paperwork presented to me has the following fee structure for the promotors. Is this standard or am I getting fleeced here?On Ini...
Olga Kostrova
Private money and principle payments
Guys,How to structure private money loan so it's not an interest only loan, but payments goes towards equity from the very first payment ,or at least after after 1 year?Do we have some clause in the agreement on princ...
Ryan Morrissey
Using 100% LTV HELOC to jumpstart REI
Hey all - I am currently pursuing a 100% LTV HELOC on my primary home that was/is a live-in flip that we decided to stay in for an extra 1-2 years. I plan to use the HELOC to essentially act as my own hard money lende...
Tim Blanchard
Off market deal….SubTo?
We have a potential off market deal with a neighbor coming up.They have an STR next to one of ours (both perform well). They just moved out of the area and are thinking about selling. I’m wondering, since we’ve been p...
Christopher Cole Carcich
Private/Hard Money lending downpayment
Landlord is selling the 2 family NYC home we live in & the lady and I are trying to figure out how we can buy it to use as an owner occupied property. The house is in a neighborhood that is quickly growing in popu...
Richard Edgar
Asset rich/Cash poor situation
I’m a new investor. My family has a family farm consisting of 3 parcels of land. 2 parcels are owned free and clear. Each parcel is worth roughly $350K. That said, we’re currently cash poor. Any advice on the best way...
Robyn J.
Contacting 1st lienholder as we are 2nd lienholder about to foreclose
I'm having a difficult time getting 1st lienholder to provide details (payoff) to us as we are 2nd lienholder. They don't know but we're about to foreclose. I know we are entitled to info but what should I provide &a...
Clay Manship
Commercial Deal Structure
Hey All-
I am looking to structure a deal. If I am looking to purchase a $500,000 property, and need to raise $125,000 for the equity component from private investors (at 75% LTV), how do I entice investors w...
Marcus Hill
Financing with Personal Credit
Hello!
I recently refinanced my primary home, and am now looking into getting a HELOC to use to acquire a rental property. My plan is to BRRRR, which would include credit pulls for the purchase (hard money) and refi ...