David Hite
Buying Notes in Bankruptcy
Good morning everyone! I am reviewing a tape, and there are a handful of "performing" notes that are in active BK. the tape doesn't state if its a chapter 7, 13 or how far into the process they are. Over the last 6...
Robin Simon
Multifamily Real Estate Investing – What are the financing options?
In these forums - A common question among real estate investors that want to get into the multifamily investing space is how to get financing. What are the types of loans available and what is going to get the best r...
Scott Bowles
Minimum credit score question
Good morning,I was curious what people use as a minimum credit score for B-, C+ type properties in the Salt Lake City, Utah area. Thanks!Scott
David Begley
Analysis Paralysis
My background/career included almost 20 years at a regional wholesale bank (FHLB) and as a CFO for a local company the last five years. The bulk of my retirement assets are in a company sponsored non-qualified pla...
Michael Maliszesky
Looking for tips for writing a rental listing
Hey, I'm about to make for first listing to rent out my single family home. I have all my criteria set up, I'm just not too sure what to write in the description. Does anyone have any tips about what to write in the ...
Gary B.
Raising Money for downpayment
Hello Experts,I like a property that I want to buy. Property has the returns + value add that meets my goals. However i am short of half of the downpayment to make its 70:30 LTV. Understand I can't afford this on my o...
Danny Duran
Screening a tenant undergoing a short sale
BP'ers--a prospective tenant who is undergoing a short sale on their home wishes to apply to rent one of my units. As their credit has been damaged by the short sale, they have offered what they claim is a qualified c...
Dmitri L.
The ultimate subdivision deal?? GSA selling Plum Island, NY!
This is fascinating:https://resourcecenter.secure.force.com/pbs/Proper...http://www.gsa.gov/plumislandContaining approximately 840 acres, the island boasts sandy shoreline, beautiful views and a harbor strategically ...
Jimmy O'Connor
RE Headaches #1: Lenders let "As-Is" Appraisals affect the loan??
I was recently working with my investor to lock down a property in West Philly and his lender changed the rates since the "As-Is" appraisal came in 15k lower than purchase price of the property (the appraiser ignored ...
Josiah Cockroft
My First Real Estate Deal!
Investment Info:
Single-family residence fix & flip investment in Del City.
Purchase price: $41,000
Cash invested: $53,000
Sale price: $159,000
This house was a fire damaged property that was...