Eric Sonntag
walkthrough checklist form
is there a checklist form available for a first walkthrough a potential purchase?
Dan Kim
Searching for lending partners in the area
Hi. I'm looking to find private lenders in the area and was trying to see what may be the best way to go about doing that? The "sweat equity" will come from me finding fix and flip deals and working with a team I've a...
Peter Thirawankanok
What to Look for in a Lender
I am looking to get some advice on finding lenders for fix-and-flip deals that I want to fund. What should I be looking for in a lender? What questions should I ask other than the obvious? (rates, fees, terms, LTV, e...
Alberto C.
"as is" contract.Radon test came out high.Walk away or negotiate?
Dear all,I am at my 7th day of the 15 day inspection period. I signed a "buy as is" contract, in this way the seller went down 20k. They are a couple moving out of town so they are motivated to sell. The inspection fo...
Phillip Elliott
Please help with new deal....
hey everybody I'm a newbie and looking for some advice. I have a very motivated seller that is leaving the house no matter what on the 20th. She is asking for $4000 cash and she doesn't have time to try and sell it....
Steeve Breton
Replace In-Unit Laundry Machine?
So, I purchased a 2 family a while back that had a washer/dryer combo in one of the units. I did not advertise the unit as having washer dryer included. Current tenant was happy to see laundry machines when they ...
William S.
Calculators: Add $____ instead of ____% (maintenance, vacancy)...
I thought I'd provide some friendly feedback about the calculators on here. I love using them, but one thing that bugs me is that I am required to put % of rent into the expenses field (maintenance, vacancy, etc).I ca...
Fredie Robinson
Does this sound like a good loan program?
Hello! I'm in the process of trying to find my first deal. I wanted to get my financing in order so I went to my local bank that has a commercial loan program. The details are 4.75% fixed for 5 years then it goes to a...
Terrence W.
San Francisco NCD Zoning Pac Heights
Hi all,Looking for some advice on a property I own in San Francisco. The building is in Pac Heights and zoned neighborhood commercial district. Currently there is a 3 unit (3800 sqft) building on the lot with a 2 car ...
Grant Wieczorek
Buying a property for cash vs assuming a loan
I have come across a few properties where one would assume a loan as opposed to buying the property outright for cash and putting new debt on it. My attorney said this is a much easier process. Are there significant...