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Hey everyone,I have two potential deals in the pipeline, but the numbers do not make sense for a flip. They would be perfect for an investor that is looking to add more properties to their rental portfolio, which I p...
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So how would you structure this? The seller has a property that is occupied by her stepmom. Her father passed and his drug addict wife is staying in the property. The seller sounds motivated and pretty much wa...
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have t.h. in phila w/27k owed on 45k 1st mtg.also own lot/land w approx 100k any way to leverage land to pay off mtg on t.h. trying to become a transaction engineer or is there a better way to flip the t.h. and use ...
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A couple of years ago we took over a building and had to do major rehab. The only thing left is the bricks. Essentially everything else was replaced. During the rainy season last year, rain would, some how, enter i...
Hello - I am looking to do a 1031 Exchange and utilize all of the proceeds from the sale as a down payment on several new properties. Is this possible or will the new properties have to be paid in full, all cash? Exam...
Hello all,
I'd like to get the opinions of our investors on how you typically divide ownership/profits/etc. and the accompanying responsibilities each partner is responsible for. Here is an example:
50% - 50% split ...
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I have a property under contract, and an assignment agreement with a end buyer. The buyer is financing and the bank wants the offer to be in his name. Do you all know of a way to handle the agreement where I could get...
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It's often stated that junior liens are extinguished or wiped out when a home is foreclosed upon. But what is the actual process for this? Does the trustee handle this? Or is it the County? Or who?
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I was sent a wholesale deal via a wholesaler in San Diego. The wholesaler was asking 339k with 5k EMD not refundable and he said the ARV was 427k. The rehab alone would be 59k or more. I can see it needs a new roof...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $15,000
Cash invested: $21,000
I decided to share my first deal, it was smaller multifamily in a Class C nei...