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I am working on a pre-foreclosure deal and need advice. The deal looks like this:Loan outstanding: $244,000 QuickenLoan and it is a FNMAOther debt: Base on my preliminary title search $0Equity: $85,000The owner wants ...
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I bought a 4-unit and I am renovating one of the bathrooms that was dated and had a tub with a concerning patched hole in it. So, I’m using this as an opportunity to do a full bathroom reno since the building is in a...
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I have been researching on various real estate investments strategies, so far I like the NNN properties and wondering if any one done it am share pain points and issues / risk involved ? I.e.rent increase period; us...
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HI All,As a newbie in Houston and after reading/listening to a lot of content it has become abundantly clear that I should check out a REIA. That being said, Houston has several of them. A colleague of mine recommende...
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Curious as to thoughts on owner carry v conventional financing. It has been my understanding that owner carry is typically something a buyer does when they have insufficient credit, or ability to qualify for a loan. I...
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I found a cool building in South HarlemThe seller wants $2.6M for this 5 story, 7 apartment, 4500 square ft. residential building in Harlem. I estimated the total renovation costs at $1.1 million, NYC averages around ...
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Hello everyone, I’ve got a multi family property under contract and have been weighing my financing options (from owner finance to bank loans etc). At this point I have garnered the attention of a few private lenders ...
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Hi,I am a new investor trying to learn along the way. I bought a townhouse and my loan has been approved. With the initial offer to the place we agreed on having the closing date as 7/13but as of now 3 days left selle...
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So Im currently listening to episode #211 and Brandon keeps saying "Do your own numbers"I'm a newb but I like to think I'm kinda smart so below I list all the number I can think to "do" in order tocalculate a deal. he...
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I am doing my homework and seeking advice/feasible loan options to pursue when partnering with someone to acquire a commercial warehouse type property. The property needs to be in Los Angeles, estimating $1.2-$1.5mil ...