every post in the forum, newest first
Career changer here, starting from nothing. Every video says wholesaling off-market deals needs no money, and then the same video sells a $97 a month software subscription. So cle…
I renovated a house intending to sell outright, the scope ran over as usual, and now I'm considering carrying the paper instead of taking a thinner cash number. Something I don't…
This was supposed to be the easy version. I had a small two bedroom I had fixed up, market value around 122k, and a buyer who could not get a mortgage because of a short work hist…
A case worth studying for anyone pricing manufactured home paper. Take a note with 51 clean payments, 8.9% note rate, $498 a month, UPB $56,200. Small southeast town, 1.1 acres, d…
This one is worth studying because everything about it looks reasonable until the match rate gets measured. The idea: wholesalers a marketing operator already serves keep complain…
1,720 square feet, three bed two bath, single story, small city in the middle of the country where the median is around 350. Sold at 392 with a 26 day marketing period. Numbers as…
Building a list of brokerages before getting licensed and sitting in on recruiting conversations tends to surface the same pattern every time: every pitch leads with the split, th…
Take a house that goes up with nine photos, clearly shot on a phone, held vertical. One frame catches a thumb in the corner. The kitchen shot sits at knee height for no obvious re…
This question comes up constantly, so it is worth laying out plainly. Somebody wants to do a first two or three lot split. Their home county has a subdivision ordinance that is ge…
The usual framing is that the deep discount at purchase is the engine and the resale is where the cash arrives. Look at the failures in this strategy and almost all of them sit on…
I mailed 300 letters to a list of notices of default in two zip codes, got six calls back, and one of them was an owner four payments behind on a 1970s three bed I comped at 289.…
I've got one small rental going live in the spring and I've been reading everything twice, which is how I found this room. Two providers have come up in my research at pretty diff…
Two positions come up constantly among transactional funders: closing A to B using the end buyer's funds, versus insisting on separate money every time. Some funders treat willing…
Take a $2.4M subordinate slice on a value add multifamily recapitalization, structured two ways to compare directly. A mezzanine version might run 12 percent, paid monthly, secure…
On a subject-to purchase, the deed and the equity number tend to get agreed on quickly. The harder disagreement is who touches the monthly payment after closing. Two structures sh…
A rent to own contract is worth reading past the number that stands out first. Take a case: eleven pages, one staple, lease and option jammed into the same document. Rent is 1,900…
The O&E report came back with one unpaid tax installment, $1,840, on a loan with no escrow account. That's the part I want to talk about, because everything else about this note w…
I'm looking at my first performing note, single family, borrower current for about four years. The seller emailed a list of what gets delivered at closing: original note, allonge,…
This is a loss worth studying closely, so here is the arithmetic. Take 168 beds off campus at a mid-tier private university, $18.9m purchase, about $112k a bed. The raise is $6.2m…
Two offerings on the same portal, both multifamily, both roughly four to five year holds, and the distribution structure is the only thing I can't reason my way through. One pays…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
