When doing due diligence on multi family properties, if the current owner does not have a rent roll or formal T12 or P&L how can I verify the income of the property? Is it acceptable to ask for bank statements or...
Hi guys,
I am new here and could really use some help. I have just qualified as realtor and am planning to start generating income with that immediately. I have some cash to start my investment portfolio - about 200K...
When do you speculate Single Family Residential seller's asking prices will bottom out in Jacksonville, FL from COVID-19’s economic impact on their local real estate market?
I have been trying to get into real estate for years now. I’ve read books, watched shows, and attended seminars. At this point, I’m ready to get started. But, I am literally stumped. Can anyone offer any advice or gui...
Does anyone know of a commercial lender in MA that will let you cash out re-fi with 100% of what the current market value of the home is?I am seeing 75%-80% in a lot of places.Example:Market Price: 300KPurchase Price:...
Just bought a 200K home at the court steps (I'm sole owner and a real estate broker). Made a mistake as the area is not good to leave a home vacant. I told the owner her options (cash for keys 15 days, eviction or...
Want to get your thoughts on using direct mail to setup appointments with private lenders.
Has anyone had success doing this?
I just purchased my first condo on Whidbey Island. I feel like I got a pretty good deal. It was a foreclosure and had been on the market for over a year. I found it using the MLS. I used my VA loan to go in with n...
Hi BP land,Last night I had to serve a pay or quit notice to one of my units. Normally I have taped it to the door, but this time, due to heavy rains in the area, I placed it inside of their mailbox which is attached...
Afternoon BP,I finally landed a contract, but the deal may not go through due to the property having ground rent on the title - my HML will only finance the loan if we can purchase the property; in addition to the la...