John Thedford
Buy/Leaseback= Instant Tenant
I just closed on #13. Seller was in a bad position and needed to sell fast. He agreed to sell well below market and didn't want to move. So, my concession was to lease back for a year. I am giving up some FMV rent, bu...
Karina Gomes
refinancing a conventional loan to an LLC
Hi, I have an apartment in Virginia I used to live in before being relocated for my previous job to Miami. I now rent that place and lose about $150 a month. I am 13yrs into my 30-year loan at a 6% rate. I want to t...
Timothy Stieffel
New Member From Oxford, MS
Hey Everyone!I live in Oxford, MS and plan to get into real estate investing sometime in the near future. I have only been a resident here for a short time so I am still trying to figure out the market, as well as edu...
Jennifer Hulse
Real Estate Partnership with Ex Spouse
I'm divorcing my husband. We have a beach house in North Carolina that's under water to the tune of $150,000. A short sale is out of the question; we make too much money. A commercial broker and CPA friend has suggest...
Jarred S.
HML Example
I am having trouble understanding a hard money lending example. Everyone I have talked to has recommended it and I have never used this before.
Can someone help explain the basics of how to get to a monthly payment f...
Karl Huth
Need opinion on duplex deal
I was approached today by a friend of mine who is looking to sell her duplex. She is done being a landlord and wants to get rid of it. Property is in good shape with no major renovations needed, it is located in Fond ...
Account Closed
How to Find a Tenant-Buyer with Bad Credit but that will Be Able to Purchase Later?
Hello everybody,I was wondering if anybody had any thorough answers to this topic. I have decided that in the near future I would like to start doing lease options. I already have a home that I was planning to wholesa...
Brian Orr
I'm horrible at Accounting!!
And taxes!!I'm developing my strengths in estimating and budgeting, but I am so bad at keeping track of everything! Spending more time with my accountant trying to figure last year than I am working on any deals this ...
Kevin Yeats
Up to 58 bank failures
We are up to 58 bank failures in the US (thru July 22). These banks represent approximately $19 Billion in assets including 4 Billion dollar banks and 1 two Billion dollar bank.
This also makes 10 failures in July a...
Donald Williams
With the new rules can you send out solicitations for private RE Investors?
What can't you say when soliciting for Investors under the new rules. I heard you can't say things like guaranteed returns but you can say fixed returns of 10%. What else can you say?Thanks