Account Closed
Looking for HUD agent partner
Hello
I am working in getting my first HUD property under contract in the Southern California. My challenge is that I am not an agent so I am unable to place bids. My objective is to use transactional funding to clo...
Andrew Nesbitt
How are 2nd mortgages priced?
For example. Lets say you have a $100k house with a $90k first and a $10k 2nd mortgage. Borrower has an 800 FICO. The 2nd is at 10% interest only, balloon in 5 years. How much would a fresh note like that be wort...
Joe L.
Looking for advice to make competitve offer
Hello,Here is a little background on my situation. I bought a home in Las Vegas in which I live in now. I have built some equity up in the home, but would like to hold it. So, I have decided to purchase another home u...
Ben Clark
Rental property upgrades
Hello everyone. I bought my first duplex last year (Owner occupied), so I’m relatively new to this rental business. The duplex I purchased is in good shape, and for the area, it’s more of a higher-end rental. I decide...
Brad Z.
Purchase Property with partner, mtg in one partners name
I am in the process of acquiring a property with a partner. We are paying cash but will turnaround and get a HELOC pretty quick on it. The mortgage will be in his name, therefore the property will need to be in his ...
Marilyn A.
Tips for searching Craigslist
I would love to hear your tips for searching for MHs on Craigslist.
Here are a few I've learned over the past couple months:
Search through Real Estate for Sale, Free, and General sections. It seems there are abo...
James McGovern
Building a new D Class Property?
In my area, the vast majority of new multifamily builds has been A-class. No one is focused on D-Class which makes me think that no one has figured out the economics of building affordable housing. Has anyone had succ...
Gregory D Coburn
Private loan structure (LOC model)
I am looking for some advice on structuring a private loan. I have an interested party that would like to invest $100k into my business ( I have not yet created a LLC, but plan to). I have discussed some standard te...
Phil Z.
'We Buy Houses' trademark
'We Buy Houses' has been trademarked for a long time, and more recently they sold to a company that now claims to be enforcing the phrase under their trademark rights.
It seems like a very generic phrase, so ...
Larrian Davis
Rent increase, repairs needed, with in place tenants, complaints
Good morning,
Background
3 adults 2 children
pet is in the property
tenant wants kitchen remodel
cosmetic work is needed on unit A which is the tenants
rent was $650 due to covid went up to $850 market ren...