Greg Zimdahl
Subject To - No or Negative Equity Exit Strategy
Hi BP,Looking at a seller with no or a slightly negative equity position my research leads me to believe that a "subject to" deal is my best option. Considering the house is in good condition and no major repairs need...
William C.
Amortization schedule not correct?
Can anyone explain why the numbers are different when I run an amortization schedule through a calculator than it is in real life. For example we borrowed $236k at 4% and a 20 year amort. Any calculator I use shows ...
Nikki O.
Dual Agent , fiduciary duty and commission
I am about to put together a competitive offer for a multifamily around $400k in college town with over 9% cap rate, however so far I do not have a buyer's agent at this point. The agent admitted that she gets 6 for r...
Fadi Mouallem
Syracuse NY Area Rental Investment
Would like to consider investing in a rental multi-family in Syracuse area ... I am finding out that SU area is preferred. Anyone has any experience in this market holding properties for cash flow. I appreciate any ti...
Jack Bailin
How to structure lease in a House Hack situation
Alright, so I'm currently actively looking for my first deal, a house hack, and I have a few properties I'm visiting this week. All of them are multi-families, either 3 or 4 units. As I hope to have one under contract...
Chad Heaton
Trademark - Happy Birthday
Hello AllThis is sort of a Question and FYI...We got a demand letter to stop using the following phrase on/in ANY content:"we buy houses" (within quotes)within the next 7 days or face legal action from the folks over ...
Nathalie Hirsch
How to introduce yourself as a wholesaler?
Not sure if this has been discussed, but how do you approach a potential deal? Do you tell them you're an investor or buyer? Or do you tell them you're actually a wholesaler and explain what that is to them? I just...
James Phillips
Found a home to flip to retail. I have some questions
So, I found a home on craigslist that was on sale for $157K (Built in 1991). One other home sold last october for $215K. It's a small subdivision and the last sale before the one in October was for $230K. I think I...
Jamie Mathieu
Lenders That Will Give a Mortgage to a new LLC?
I am ready to purchase my first investment property for the purpose of a buy and hold rental. Well almost...I am struggling to find a lender that will allow my newly formed LLC to hold a mortgage even with my persona...
Lou Ruggieri
Should I Use Hard Money To Acquire, Then Refinance Asap?
So I've found an apartment building I like and makes money from day one. Only problem is that this is my first one so banks are very nervous. Only true mortgage offer wanted 65/35 LTV which puts my downpayment at a ...