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I ran some pretty solid numbers on a 5 unit that I am preapproved for.My question is should I be focused more on the cap rate for a 5 unit since it is technically commercial, or stay focused on the cash flow per door ...
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1. Can I call up the bank (like Chase, B of A, WF) ask to speak to some person who is in charge of the notes and ask to buy one? The note would be several months late and most likely in a pre-foreclosure status.
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There seems to be too much money left on the table that even for someone extremely allergic to risk, it seems to make some sense also rehabbing and selling the property to a retail buyer. I am looking at securing $1.2...
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I'm working with a tenant who wants to purchase the home they are currently renting (and I have a mortgage on). I'm open to it, but not really sure where to begin. I know there are companies that will service the note...
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I’ve come across several properties that are short sale on the MLS. Could anyone provide me with their own insight or knowledge of these in terms of pros and cons or the general process? Thanks in advance!-Alex
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Hey all, I am currently under contract and ran into a big curveball weeks into my purchase. I’ll explain:I am currently renting a house in St Petersburg, FL with a detached garage/apartment on the property, which my l...
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I currently have one rental property. What is the best strategy to get my second property and then keep the momentum going? My goal is to own 15-20 properties. Of course I want them all to cash flow and so over levera...
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This is a property that more or less fell in my lap. I'm a wholesaler so I only know residential, but I have a probate lead that is a commercial building. It's mixed-use, with a retail, laundromat, two industrial sh...
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I acquired my 9 unit and 4 unit multi family units in 2018 and this month i am finally done seasoning them. I rehabbed and renovated them raising rents from $500 per month to $700 to $800 per month per unit. They ar...
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Hi everyone, I've decided to move to Ventura CA in June. I've started my search for houses and I really want to house hack. So thus far there are couple of options that I am considering.1) Find a house with big lot an...