Derick Hanna
Putting money for repairs in escrow as the buyer
I want to purchase a value add duplex. The seller is a friend and would like to owner finance. PP:260k, 5% interest, 10% down, 20 year mortgage. The property needs around 30k repairs. ARV: 320k. What I would like to d...
Devin Mann
how expensive is hard money?
say they are offering 4 points with 12% interest on a hard money loan and they are offering 70% of arv.this SFR is worth 300k ARV. Im purchasing it for 170k. Now how do the costs lay out? i pay those 4 points...
Gary Tsai
Purchase contracts and hard money/private loans - chicken or the egg
Recently, I've been searching for ways to fund a deal but I keep getting conflicting information about the purchase contract from various sources.
A little while back I posted a question here about the proces...
Jonathan McNeely
Really looking to get the ball rolling in 2016. Need help.
I want to fix/flip homes. I have been procrastinating for YEARS... Help me with some issues I have.If I use leverage to buy a property and fix in order to resale, then I sale the property with a real estate agent, how...
Anita Walter
Wholesale investing in the phoenix area right now
Hello, im trying to get this wholesale thing going and im here in phoenix were I've heard it is a great market for wholesaling. With all the expansions happening all over the valley I can make money very easy is what...
Stephaney Green
New business startup
I am looking to start either a new business or purchase an existing business. One will be either storage and the other would be campground. Both will need startup of $5m. I have a lender who is willing to lend the mon...
Chas Chip
Collection Agencies for Ex-tenants' Unpaid Rent
There are a couple of collection agencies specializing in collecting unpaid rent. They will go after the deadbeat renter who vacated owing money and attempt to collect. Both agencies will report the collection to a...
Tremaine Jeffries
Is it smart to use hard money to get REOs then refinance ?
I’m a virgin to this RE business. I have been reading about strategies on how to get RE with low to no money. I see the best deals are Foreclosures. Has anyone tried using hard money to fund auction acquired property?...
Andrey Y.
Significant Net "Losses" on Taxes despite Positive Cash Flow
I was just doing taxes for 2018 and have noted something peculiar, most of my properties I self-manage. So I do pay monthly PITI and HOA fees. Then there are repairs, occasional utilities, and of course depreciation d...
Mindy Jensen
New Book... Learn to BRRRR Your Way to Financial Freedom!
A thorough [and] understandable overview of a methodology that could supercharge investors’ incomes. —Foreword Clarion ReviewsGreene is an authoritative guide, laying out his plan in well-organized, easy-to-read prose...