Brandon Shewbridge
Taking Action - Questions on Note Position & Gotchas
In order to get started, I've decided to move forward as an investor with a contractor that I know. After doing my due diligence, I will be investing and taking a 1st position note on the property in exchange for a n...
Ryan Cox
Raising Capital for a 296 Unit MF: What did I learn?
Wow! That was a fast and furious 2 1/2 months- Let me rewind to the start of it all in San Francisco, CA. I started working with a mentor to learn multi-family value add investing in early 2016. I devoured books, f...
Chris Jefferson
Short Sale Flopping
Not sure if anyone has seen this. Thoughts?
http://www.latimes.com/business/realestate/la-fi-lew-20100905,0,7858564.story
Art Maydan
Deal Fell Through - What's My Take-Away?
My wife and I were supposed to close on a duplex today. Yesterday, the financing fell through. I found an off the market, gut rehabbed duplex that looked like the perfect deal. We were going to buy it for $270K and it...
Zoe Lee
Where to park the Refi money?
This might prove to be a beginner's question. I hope to get some good advice.We are closing our refi and will get funded soon. But it looks like it'll take us a while to find good rental properties with sensible retur...
Holly Ross
After you secure OPM / creative financing (verbally)... what next?
Hi! I'm trying to figure out how to get into real estate at a low cost of entry (~$50k cash), and so I'm of course trying to learn about how to use OPM and other creative financing options. So far I've kind of got the...
Sebastian Gast
What is truly owner occupancy?
Not sure if this is an innovative strategy or just illegal but I would like some input. I have a friend who bought several rentals ALL with primary occupant loans (3.5-5% down). What he does is include utilities ...
David Sirmons
Preventing REO sneak...
Now that I've gotten a lock on an REO, what's to keep someone from discovering it's listed with a RE agency, then submitting an offer of 1k over my price and basically stealing a deal from me?
Any way to do the 'Affid...
Troy Hanc
Out of province rental
Im looking at breaking into the market out of province. I understand you can use a realtor to find a tenant for you for a fee. My question is what happens after the first tenant leaves on his own or gets evicted, Can ...
Kelly M.
Commercial Loan Terms
Hi! I’m looking to refinance cash out of my three unit rental property. I owe 140k and it’s appraised for 280k, so I’m looking to take out around 60k. Positive cash flow of around $1200 per month before refi. My quest...