Hello I have a question regarding a lease.I have 3 people currently on a lease that is up in August. (6 months left) One of these people wants to move out (as her relationship with one of the others has ended).I don...
I have some equity I want to pull out of my property using a HELOC for the down-payment of a buy-and-hold investment. Does your underwriting change when you use this strategy? How do you factor in the interest payment...
Curious how how -- and what DFW wholesalers are doing right now to find deals. I've gotten no where for almost a year, and have tried multiple marketing methods.Asking for a high level answer of course. I don't want a...
Newbie looking for some thoughts. I am under contract with a financing contingency based on the loan estimates I had received when I was evaluating the deal. My lender can no longer offer the financing product we were...
Investment Info:
Single-family residence private money loan investment.
Purchase price: $75,000
Cash invested: $111,800
I am the PML on this deal. Borrower plans to rehab and STR.
What made...
What would be some important documents to ask for a deal that is already an apartment building, with tenants, that say they make a certain amount in a year? What are the technical terms for: how much do they get for r...
I have the opportunity to buy a multi off market. I would have to use basically all my equity out of another multi to pay for down payment and rehab costs. This equity line of credit is good for 10 years but I would w...
Hello All. I have invested so far going solo. A few of my friends approached me to help them buy a deal ( SFH, TW, Condos) and I am working to create a partnership( they bring funds, i bring a deal). I have also sched...
Bought my first property with my own money from W-2. I would like to buy more but using my own capital will take long! I know there are “creative financing” out there but I don’t completely understand them. For exampl...
Hey guys! I wanted to get some opinions on a deal that I am analyzing.The purchase price is $350k.2 units, main unit $2,600 (3 bed 1 bath)Lower unit $1,400 (1 bed 1 bath)Taxes are $9k a year.This home can be worth $45...