Assume the usury limit in my state is 10% and that I do not have a license that exempts me from that law. If I loan a rehabber $100k in exchange for a split of the profits when (s)he sells, would a payoff of $120k ($...
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So I went to see a lawyer today. I went to see him about forcing the cell of one of my deceased father's estate properties. But here's the back story first. Exactly three years ago my father purchased a house in Delaw...
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Has anyone else noticed an increase in properties that were previously used as an STR for sale? (often times with the furniture included)Normally I'd default to inflation and subsequent market uncertainty. And that ma...
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I’m closing on a house this Friday. Existing tenant is month to month. I found out today he started a bar fight this weekend causing extensive damage to a local establishment. After doing some research, I found he had...
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Greetings.Forming a JV with a friend to invest, broker(?), and trade notes.We are former partners in a bond trading background, and understand networking, brokering vs principal transactions, and how to protect our cl...
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Hi there,I've just setup my first LLC, in the state of Delaware with the intention of buying and holding MF properties throughout the US, currently i live in NYC, however - I'm looking at investing in Chicago. I know ...
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My husband and I are looking to purchase a STR with a vacation home loan. We do plan to occupy it ourselves for the 14 day/10% of rentable days requirement. I've spoken to a few lenders and while I understand the guid...
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Hey, y’all! 👋🏼 I’m Kimberly. My husband & I live between 2 homes: a family farm outside Galesburg IL (45 mins south of the QC), and a historic home (c. 1841) in Burlington IA…right on the Mississippi River (5 mins...
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Hello All,Collected enough to cash buy a rental property. Starting to figure out how to find a rental property with positive cash flow, It looks very challenging to find a property.
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Hi Everyone! I'm excited to be here and learning more about real estate investing. I currently work full time in HR, am a licensed real estate agent in Georgia and South Carolina, and my husband and I hope to buy ou...