Keana Blaine
SUBJECT TO POSSIBLE DEAL
I have a homeowner who has little to no equity in a property in the Memphis area ..the home can rent for 600$ More than the original loan monthly mortgage amount .. the arv is 175,000 the balance left on the home is...
Brittany Thompson
What is the best way to connect to Out of State Investors?
Hey ALLI am an investor in the Alabama market that comes across deeply discounted deals to wholesale quite often. Here lately I have noticed that my deals go to local buyers and I would like to build a network to incl...
Slade Harrison
Anyone ever use Luxury Mortgage for their investment property?
So I am searching for financing for a Duplex i am interested in and found Luxury Mortgage. They have an "Investor Cash flow" mortgage where they basically use the cash flow from the investment property, your credit sc...
Mike Jernigan
Splitting 2 Lots Shown Under Same Address on Deed
I have a property I might want to separate into 2 lots depending on the potential return. The property address shows two lots on the deed. Does anyone have experience doing this in Bexar county, 78211 zip code? If ...
Noel Y.
New Jersey Northeast Corridor Gateway Program
Hi,Are there any potential in areas near Newark, Jersey City and Palisades, since there is this Gateway program and Meadowlands Mall going on?NJ has a high foreclosure rate comparing with the rest of the country. How...
Anders Jax
What & of equity are you comfortable with your GP earning?
So let's say the LP puts in 100% of the equity, for simplicity sake. And let's say the asset performs really well, and LP IRR is around 18%, a great return. However, it's at an 8% preferred, 70/30 split to an LP 15%...
Early Keegs
Sell or Rent?! Help me analyze
Hello everyone, I would like to get a few opinions on whether I should sell or rent a house I currently own. It is a single family (3 bed, 2 bath) built in 2013, in a great neighborhood close to a military installatio...
Graham Watts
How many strikes before switching property management companies?
After a few months with a property management company, they have made a few mistakes: - Forgot to resolve a broken item in the condo for the tenant, with no communication about the fix/progress for over 2 months- Misc...
Haley Varner
Financing options for 14-unit in Marietta, GA
Hi - I'm looking to make an offer on a 14-unit in downtown Marietta, GA. Proforma is as follows. At $575k, returns using the below are 17% Levered IRR (assume 80% LTV, 4.5% 360), 12% cash on cash, 1.33% rent to pric...
Caressa T.
First deal... Looking for guidance!
Hello everyone!Here is an email I received after speaking with the homeowner over the phone today. He is relocating due to work and does not want to work with an agent."Only two options would work for me: A) 100% cash...