A user from another forum suggested"Thats what conditional leases are for. All it takes is a few lines of type to make a bulletproof lease. Something along the lines of a year lease converting to a month by month leas...
So ive been getting a lot of pre qualified mailers and offering lower monthly payments, rates and a cash back. But when i look at the total loan they offer, i would still owe them the whole amount with the cash i got....
Hi there - After much research, learning and observing, I am ready to get off the side lines and start building my portfolio!I am primarily interested in creating passive cash flow though buying SF rentals and have be...
So looking for some guidance. This is going to be my first investment property. Looking at smaller town homes in the area. Around 100-175k. Started dealing with a lender and mentioned a home equity loan since it is a ...
Hi all,My name is DJ and I'm a new member! It's nice to meet you all. I've been listening to the Podcast obsessively for the past month and I've learned a lot. I'm located in the Northwest Indiana area (close to Chica...
I just closed on this 3 bed 1 1/2 bath 1152 sq ft house in Chapel Hill NC. Found it on the MLS listed for $125K. I offered $107,500 thinking that that was a really good lowball offer and they said yes! Comps around th...
Hello everyone! My name is Samantha and I'm new to wholesaling. I'm super excited and ready to work hard! I've been doing all my own research and been soaking up information like a sponge! My question is prior to gett...
Currently have a listed 4-plex for sale, 100% occupied. As a screening tool, I ask for proof of funds before we bother a tenant and show the property. To me, any liquidity qualifies: bank letters, bank statements, sto...
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
If private lending (immediate network of family/close friends) isn't an option, would the next step be a hard money lender? I only need it for the 20% down payment, not to finance the full asset, an 8 unit apt. Is i...