So i have been working of this deal for a little while. I have talked to the seller a few times. He has a 12 unit apt. bldg. that rents for 425 a month. Each apt. is 1 bed 1 bath, and is almost always 100% occupanc...
I've been trying to get business credit established and am hitting a wall with my DUNS number. I applied, answered their (D&B) questions when they called, but was told that my business profile will remain incomple...
I have been looking at a number of potential rental properties (single family and small multi family) and trying to do quick analysis with the 50% rule. Many of the properties are lower priced with, therefore, low...
Can someone explain the technique of using a master lease with option on an apartment complex and how it works. Does it work best with troubled properties?
I bought a home around April and got inspections on the home for wood destroying pests.
It is now June and I am fully moved into this property and started noticing a very very small hole with sheet rock flowing out....
I sent my first mailing lists out on July 10th with 700 mailings to absentee owners in Brooklyn NYC with residences other than their primary with 90% LTV. Come to my surprise the vast majority are investors doing the ...
I am negotiating a deal right now where the seller is willing to carry 90% of the loan for me for 10 years. Is my only option at the end of the 10 years is to sell? My goal is to hold onto these properties to build my...
I have searched high and low for the perfect deals to wholesale. I've found about 15, Five of which I know for sure I am going to make an offer on. They are through realtors, how do I submit and offer? Do I submit my ...
If I were to purchase a property with seller financing, would I be able to acquire a HELOC to fund the rehab? If so, would that still leave me the option of refinancing with the bank in a few years--effectively pay...
Well Well Well, my property manager just called and he guesstimated rehab #3 at 30-40 grand when I was expecting 15.
Lesson, an inspection is really nice and I strongly suggest one for people starting out. BUT you a...