I am closing on a new duplex in a few weeks. The property has 2 existing tenants that recently extended their leases in July. I want to make the purchase transition easy, seamless and not scary for them. I have two in...
I've partnered with my mentor to purchase my first NPN. The purchase is now complete. It is a first position note. I'm very satisfied that the purchase price of the note is around 40% of the current fair market va...
Hello BP! Full disclaimer--I'm borrowing a friend's account as I'm discussing a job switch, and I don't want this information floating around the internet with my real name on it in the event that someone from my curr...
I hear people often say that real estate is treated more advantageously from a tax perspective than other businesses. I frequently hear people say something along the lines of "I get 15% rate of return, and that's no...
I am looking to obtain my first investment property sometime within the next 6 months. I've already been through the process of making an offer, but I ended up backing out because the property was in a flood zone and ...
Read several times on here that people bought commercial or MFH and plan to hold 5-7 years...What happens if the market turns the other way and you can't sell, AND the fixed rate expires and you are now facing a highe...
Hi,I am a new investor and actively looking for deals. I have researched some of the HML's and didnt' really like to percentage of "skin in the game" that is required upfront. So, I decided to go the PML route. I a...
I have a seller, and a buyer lined up. I need a free proof of funds letter as soon as possible. Can anyone help me with this task? Also can anyone recommend to me any great virtual title companies?
Hey Guys & Gals, especially the folks that have been around for a few cycles of the RE market!
In the big scheme of things, I'm fairly new to investing. I've only been around post-crash and am blessed with a mark...
I heard on a podcast awhile back about an investor seeking out bank's REO portfolio's often from a bank officer or president. This is a strategy that I would like to look into for my next deal. What is the best way to...