someone asked, the room worked it out
Here is a case worth studying. An A-B leg funds at 9:04, the B-C closes at 9:47, and the funder's wire is confirmed out by 11:23. Total exposure is under three hours on a $214,000…
That's dead money, and it happened on the last three maturities too. I'm running about 90 days a year where my crowdfunding capital is just sitting in a queue. Does anyone actuall…
A scenario that is showing up more often. Say a private lender puts $210,000 at 7.2% on a 3/2 in Huntsville, Alabama, two years ago, and the note carries a call provision. The cal…
Guy I know who buys multifamily in Tulsa told me this week that he paid $420 for a Matterport scan of a 12-unit before flying out, and it caught a layout problem that would have c…
This is a pattern worth naming. A wholesaler working double closes in Columbus finds the same title company asking who the end buyer is before it will open the file, a third time…
I own a flip in Garfield Heights right now, been sitting at $134,900 for 19 days, and I took the photos myself with a Sony a6000 and a wide angle lens I borrowed from a friend. Th…
That line gets said by general contractors standing in the opening where a wall used to be, and it is worth turning over, because it is true and it does not help you underwrite an…
Trying to wrap my head around how the title chain works here. If I'm novating into the seller's position on a 40-lot park where 22 of those lots have tenant-owned homes, does the…
Take a $74k UPB first in Cuyahoga County, Ohio with the borrower 19 months behind. The seller quotes that $74k in every email as though it anchors something, while the property pu…
Take a 2.8M listing signed at 2.5 to the sell side, with a verbal one point promised to the seller's own agent. A buyer's agent calls two days later representing a client who has…
The question is whether a 12 unit project in a mid-size Pacific Northwest market can carry its soft costs at all, or whether the math only starts working somewhere around 30 or 40…
I'm trying to figure out if you can start the subdivision process, like actually file paperwork with the county, while you're still in the due diligence period on a purchase contr…
This is a question that keeps coming back. Picture a small lending fund whose first deal lands somewhere between $300k and $500k, and the collateral under consideration is a 200-a…
I hear that constantly and I used to half-believe it myself. But nine doors in, all rehabbed, I am the hassle. My whole model is active. I'm the one pulling permits and arguing wi…
I bought a duplex in Lakewood, Ohio in 2019 for 187,000 and I'm only looking at seller financing now because a buyer came to me in March and I wasn't planning to sell until at lea…
Here is a spend worth examining. A vendor takes $4,800 over six weeks targeting a three-zip area in the outer suburbs of Columbus, Ohio. The pitch is that ads get served to people…
My aunt passed in March and left me a 17 acre parcel in rural Bledsoe County, Tennessee. Property taxes are $340 a year, no mortgage, no structures, just raw wooded hillside with…
I keep seeing acreage listings 8 to 15 miles outside a mid-size metro, around 180,000 people, growing maybe 2% a year. Prices range from $3,400 an acre at 8 miles to $1,100 an acr…
She said it like it was obvious, like the number just falls out of doing the work. Six units, maybe $180k gross if they're running well, 20% puts her at $36k before she's paid a s…
Take a clean one as the illustration. Bought at 161, 28k in, sold at 224, closing costs on both sides, four months of holding, hard money at 11 percent. That nets out around 13.2…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
