I am about to go into contract with my neighbor for his house...he wants 410K, the house is worth 525K and i have a buyer ready to purchase the house for 500K...how would I do this deal. I don't want the neigbor to kn...
Hello, I just bought a house w/ a mortgage of 30 yrs. + 4.5% interest rate, 3% down. The loan amount was for 235k.My P&I = 1,194 / moPMI = 86 / moIf I don't make prepayments, then I can get rid of PMI in 10 years....
Ever since I got into real estate I've had a few questions raddling around in my head about syndication that I can't seem to get straight:
1. Are developers syndicators or do they use syndicators to finance the equit...
Let’s say my property rent not NOI is $1m a year. All tenants pay online using an online service or app etc. I have a property management company that I pay 10% so $100k.As the property management company manages the ...
Hey all,Not sure if this is the right place to post this. But I’ve recently been in contact with a friend who would like me to basically lend private money tied to a property. The home was a flip project that was sell...
Thought I'd share with you all how I've been able to get some of my tenants to pay 12 months upfront...
Before the tenant signs the lease, I give them the option to have a $50.00 discount per month.
I know I lose $...
I found a great property with good income but bad cap rate for the location. Current owner over spent to rehab the small multi. The area is a c area but owner rehab for a area.
Listed for sale for over 18 months, ove...
I have a rental property that I’m getting ready to put on the market. It was my first property I purchased. I will like to do a 1031 Exchange. The property is in Missouri and can sell for 150k. I will like to buy 2 sm...
Updating my lease for new tenant (finally!). After the debacle with the last tenant (short version: wouldn't move, insisted we had an oral agreement; left behind thousands in damage) I need to add a "holding over" cla...
Good day!I have a family member who is interested in selling another family member a portion of their holdings in a wrap scenario with what I perceive to be fair terms on properties the Seller owns outright. The selle...