Dawn Curry
Buyers backed out of deal
So we just recently put our flip up for sale.. within 18 hours, we received a full price offer with them asking to immediately take the House off the market. Obviously our realtor said we’re going to wait until all th...
Jim Sestito
3 Fam Owner Oc - Underwriter not feeling it?
Hi BP - and Happy FridayI have lived in my two family for over two years and ready to make a move. Looking to house hack again but this time into a 3 or 4 family.The first lender I am getting pre approved from ran th...
Andrea Shields
Refinancing a Private Loan, having problems
I have a private loan, 15%, on one of my homes that was cross collateralize with another home. This was supposed to be a short term, organize and get out. I am trying to refinance into a lower rate/term and I am havin...
Jonathan Boyd
Why can't I find tenants?
Hello All,So my wife and I have owned a duplex on the NE side of Grand Rapids for the last 7 years and have never had a problem finding tenants. We are situated right between downtown and Knapp Corner with easy access...
Cliff T.
Anyone request loan forbearance / delayed payments?
Just curious if anyone here has gone through the process yet. Everything that I have read thus far states that loan forbearance payments will be due as a lump sump at the end of 30, 60, or 90 days. In other words, you...
Jake Song
How To Fund Real Estate Using Cash-Rich Life Insurance Policies
I want to start by going over the benefits of investing in real estate. Then I’m going to go over the common pitfalls real estate investors face. And finally, I’m going to demonstrate how leveraging cash value life ...
Andy H.
Evicting a tenant who filed for bankruptcy: cash for keys?
Has anyone ever offered a tenant who is behind in rent and has filed for bankruptcy cash-for-keys to get them out?We have a property in Memphis that is being managed by a property manager. The tenant paid May rent, bu...
Mark Forest
House not renting
It has been cold here in Michigan, but I have had an unusually small amount of inquires on this house. Are any of you having better luck? Here is my ad: http://www.zillow.com/homes/for_rent/Burton-MI/house,condo,ap...
Alexandra Preziosi
College towns
I am under the impression that an investment in a property in a college town will have instant demand for renters. Is this a fair mentality to have when assessing whether to purchase a property in a college town? In a...
Steve G.
Cap rate expectations
Cap rates have compressed over time. Locally in the Chicago suburban market, a 6% cap rate is common and to be expected. With rising interest rates, I've heard push back that cap rates don't make sense and deals aren...