Let's say one syndicates a deal to purchase a $30m apartment building with 25% down;Who is going to secure the loan? Obviously, the sponsor isn't going to carry a $30m debt himself and be the only guarantor Theoricall...
I came across an interesting situation. there are (4) foreclosures that I have looked at and Matt at Montezuma Realty has informed me that they are the result of an owner who took out a reverse mortgage and subsewuen...
I’m in the process of putting my business together, though my husband and I have not yet purchased a property. I want to put a hard focus on laying the groundwork to create a business that is poised to scale. Once we ...
Looking for a good recommendation on an intermediary to execute a 1031 on 2 deals I am doing in PA. This is my first attempt at a 1031 exchange and I honestly feel a little weird wiring a boat load of money to some co...
After talking about it for years, my wife and I finally took the plunge and got our first rental (3/1 SFR). We bought the place off market from the property manager who is our neighbor. The place had tenants in it w...
I had my home as a rental property to one family 5 years. Once their lease was up, i did not renew them and had them move out. The problem is that upon them moving out, they left quite a few damages to the home. I...
I have a little dilemma and don’t know the answer or solution per say for this problem a friend of mine is facing. Scenario is that this person has little to no money down , debt to income ratio from what I told was n...
Maybe I'm nitpicking, but I'm applying for a DSCR loan and this is the second broker that is marking it as "Conventional." They say its because there's no "DSCR" block (true) but why not mark it as "other"?? My conce...
As a few of you know, I'm working on getting my rental operation off the ground. I have an idea I want to bounce off you regarding loans for rental properties.
I will be forming at least one LLC to run this operatio...
I'm working on securing an off-market quadruplex from someone in my REIA group. He's got a mortgage on it but is interested in seller financing. As I was discussing it with him, I eventually thought about the mechan...