Neel Patel
Need Help with Off Market Mobile Home Park Assessment
I have an opportunity to purchase a mobile home park with 16 rented lots. The owner doesn't want to price the park. He wants me to give him an offer. I want to make sure I don't give him too low where he wouldn't want...
Samuel Williams
1st Time home buyer many questions
I am a new to this forum and saw a lot of great information. I am a current renter and want to buy a home.
I have a few questions about buying a home for the 1st time where me & my family plan to live.
1.When l...
Joseph Meenan
mortgage loans prior to settlement on investment properties
I am a new investor, I flipped 2 properties with my own money over the last year and a half. My 3rd purchase was my first buy and hold in October 2013, which I just rented out 4/1/14. The property is free and clear of...
Brook Davenport
Accessory dwelling not considered in appraisal
I am currently under contract on two dwellings on the same lot, both have been used for short term rentals. I received my appraisal back, and the appraiser didn’t consider the second dwelling (studio, no kitchen but b...
Account Closed
Peer to Peer lenders.
I've been investigating several peer to peer lenders lately and I'm a little weary of them. Some are banned in certain states and I have other concerns. Has anyone used or does anyone know someone who used Lending cl...
Owen Dashner
VA "Vendee" Financing - Good?
I'm curious to see who here has purchased an investment VA property using "vendee" financing. Please describe the process, whether it was as straightforward as it seems, and what your associated costs were. Also, wo...
Alex Filipe
VA Loan
My name is Alex Filipe and I'm an aspiring REI. I plan to start my venture through a VA loan. I've been reading a lot about VA loans but can not seem to come across this specified question regarding them. Its stated t...
Joe Geist
cash purchase in LLC, then seek financing?
Hello allI recently had a conversation with a co-worker who had just formed a 3 man LLC and financed their first purchase. Their largest challenge thus far was obtaining financing - so much so they hired a broker to h...
Robert Carpenter
Hypothetical Subject To Deal
My seller has an FSBO house with an ARV of $530,000.He wants $520,000. He owes $290,000 with a payment of $2,400 PITI.He wants a Down Payment of $75,000 and a two year balloon.--------------------------------------...
Corinne Alconera
Would you accept this seller financing offer?
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area...