BP, Minimal or no appreciation, lower overall values, hit or miss area but constant cash flow. Is there a problem with this? My strategy is to replace my income with rental properties.Slice and dice it!Matt
I'm going to be hard lending money for the first time and I need some pointers. I've inspected the property with the lendee and I'm comfortable lending her 80% of the value. She's buying the property for 125k and I'm ...
Hi,I was curious what the process is, and what possible pitfalls there are for someone, particularly a beginner, to obtain hard money for a flip? ty!
I have read that the best thing to do when taking over a loan "Subject To", is to immediately inform the lender so that everything is out in the open up front. Three thoughts on this, and I'd like your input:
First,...
I just inspected a property yesterday, and got my first real look at it.
Here is the information:
Asking Price: $15,675
On the Market: 79 Days
Comparable Comps: 25-35K (I believe this to be a little low right now (T...
Hey looking for a mortgage broker who knows the deal when it comes to REI, creative financing, the work arounds on how to avoid the traditional 20-25% down and any other loop holes there may be out there.I'm trying to...
I'm staying with my nephew on a cute little 1.5 acre ranchett in a rural North Texas county. He's been here a year. He cleaned the property inside and outside in lieu of a deposit. In a year, he has paid for all the r...
I'm really thinking about using Private lending (or HM lending) for my real estate deals, so,
#1, Im asking if someone could explain to me the structure and purpose of Private lending? I don't get the g...
So folks, after having made the commitment to buy an investment property, and having flailed about, not knowing my direction, making some random, bonehead offers, not knowing exactly what I want to do, etc., I think I...
I am based in Tampa and own a portfolio of 46 SFH Rentals, all are rehabbed and rented. Most have ARV of $150K. With the prices moving higher I am considering sale of all or part, in the coming year. I am 52 an would ...