Sunny Shakhawala
Private Money Lender Seeking Advice RE: Deed In Lieu
Hey Everyone,About to originate a new loan for one of my borrowers. I've never used a deed-in-lieu of foreclosure before, but a few friends have told me to include it in my packet. Question: If I have the borrower's s...
Lamart Gomillion
RE: Deal Analysis - 3 Unit - Cash Offer ROC NY
Hello BP,
I am in contract now to purchase my first property in Rochester NY. All initial paperwork has been completed. I am just a little nervous as I am just starting out and the first deal seems like it is...
Tiffany Noble
What do I need and how do I help?
NEWBIE ALERT! I finally have a real motivated seller and I know I'm not supposed to get emotionally attached but I really want to help or at least find someone who can. The seller in the RE world is an absentee owner ...
Jwaun Burnside
Buying your flipped home
Long story short a family member is interested in buying one of the homes I will flip through a HML. My name will also be on the mortgage once they purchase it through a conventional loan. If I did that would that int...
Sarah Karakaian
Our First Multi Family - And We Were Duped
Well, we just closed on a 4plex. We did everything we were supposed to. We used the calculator. We calculated for CapEx and even put aside 12K for each door for emergencies.We hired a home inspector.Thank goodness we'...
Isaiah Doss
The only dumb question is the one not asked right?
I seriously need help on my current situation. I’m dealing with a seller who doesn’t want to go to a title company or attorney for closing. We’ve agreed on a bond for deed, but my only problem is that he wants to keep...
Victor Baronich
Kris Krohn 6 months to 10k/month w/OPM?
Hi, I have been reading as much as possible about real estate lately. My goal is to get to $6k/month as fast as possible. My current strategy is to by homes with $250/month profit and under $75k purchase price. I c...
Debra Broussard
Vacation Rentals in Galveston TX - Occupancy Levels
I am thinking about purchasing a home or condo in Galveston, TX to use as a str and need input on occupancy rates. There is a report you can buy for $80 from Air DNA which shows data from Airbnb, but wanted to see if...
Nancy Roth
anyone rent to tenants with cognitive disabilities?
Has anyone been successful (i.e., made the numbers work) renting to adults with cognitive or developmental disabilities? These are individuals who are high-functioning but are probably in a program of some sort, and h...
Corey Hajduk
First Multi-family purchase. Very rough numbers but so far looks promising. Any opinons or suggestions
I just raised enough capital for my first Multi-family purchase and have been looking for a couple months now for a good buy. I'm looking in several different areas in Michigan. The areas I'm primarily focused on are ...