Susan Clark
What's the best strategy to purchase this triplex
I've been working with a gentlemen to purchase his triplex. It brings in $1575 a month he owes 12k. He wants to walk away with 20k cash then will hold the mortgage or 55k. The property is assessed at 74k im not able t...
Lon Williford
Repair foundation that hasn't moved on 2 1/2 years?
We bought our house not knowing it had foundation issues. Our inspector did a zip line test and said the results were normal for the age of the house. The house was gutted down to the studs and completely remodeled. ...
Chad Vergason
Financing Advice - Books
Hello everyone, I have recently graduated college and am working as a commercial real estate associate in the Tampa Bay, FL area. I'm looking to do some research into different financing options other than the typical...
Tariq B.
Seller Agent Messed Up Coubter Offer Price
Hello all,I have been back and forth with negotiations on a place. Seller agent responds back to my counter " we will accept $33,500." So we wright up the acceptance of 33500 and sent it their way. Now we get a respo...
Austin J.
Question about potential deal!
Fourplex for sale for $134,900. "Well maintained brick and vinyl 4 unit apartment building. Fully occupied with all tenants on a month to month lease. Unit 1-includes new oak cabinets and new carpet. Owner pays this u...
Laura Olds
I need Tax shelter ideas!!
So we did our first (non owner occupied) flip this year, paid cash, and had an offer 5 days after recording. (And here I am complaining--right!!) Needless to say, it went way way faster than I had penciled out and now...
Eric Burch
Down Payment for small multi family
What is the best way to come up with a down payment? Bank will loan 80 to 85% LTV at 4.75 with 5 year lock. Looking for creative ways to come up with the $100,000 down payment to make this deal work. I have never had ...
James Haney
Wholesaling: Buyers List for
I see a lot of people lately talking about needing buyers or building their buyer's list before trying to get a property under contract. My opinion is you need to get the leads and deals NOW! You can build your buyers...
Brandon Rauscher
Property under contract and no contractors
I have a property under contract with intention to flip. My contractor did not show up for the inspection/bid and now informs me they are too busy to take on the project. I cannot currently find another contractor. B...
Mark V.
Can you house hack a home you can’t afford?
Hi all. I’m checking on a situation I know about a friend. They have the money for FHA but DTI would be too much to get a home. They can get the roommates to fill the home.can you still house hack? There are not paren...