every post in the forum, newest first
Take a property under contract at 95k and a confirmed end buyer at 107k. The spread is 12k. Transactional funding on a two-day hold typically runs 1 to 2 percent of the acquisitio…
I have a piece of a Texas multifamily fund right now, passive, and the K-1 situation on the California side has been eating me alive. A GP I met through that deal is now sourcing…
A deal I have been turning over lately involves a preferred equity position that converts to common interest if the sponsor misses two consecutive preferred distributions. The str…
Six months into a BRRRR file I was coordinating, the borrower's bridge lender had a clause that tied refinance eligibility to the later of certificate of occupancy or 180 days fro…
A case worth studying: bird dog surfaces a distressed duplex, sends the address and seller contact to the investor on a Monday, investor sits on it for three weeks while running c…
This happens more than the room probably admits. A homeowner under financial stress signs something in front of a buyer, then talks to a family member that evening and the family…
Found a 3.2% first mortgage on a house in the East Mesa area of Albuquerque, seller motivated, asking $14k for equity. Got a purchase agreement signed last Tuesday. Then her title…
A short-term gain taxed as ordinary income goes into a QOF and the investor holds for just over two years before the December 31, 2026 recognition event forces inclusion. The defe…
Take a two-story built in the late eighties, single-zone HVAC, one thermostat on the main floor. The system satisfies the downstairs call for cooling and shuts off. Meanwhile the…
Furnished Finder gets the most traction for me, specifically with traveling healthcare workers. I put a three-bedroom in Garland on there in February and had an inquiry within six…
Closed on a fourplex in April and I thought that was the thing eating my headspace, but this RV park I've been circling in Ashtabula County keeps pulling me back. Forty-one sites,…
A 180-unit acquisition underwrites to 94 percent market rents on day one, with a 24-month glide path to get the in-place roll to market. That sounds orderly until you sit with wha…
A deal worth studying: the contract came in with a $34k spread, the dispo partner blasted it to a list of sixty names, and the first written offer was $28k over contract price fro…
I am sitting in second position on a Columbus rehab, $47k in, and the senior did a full appraisal at the start of the draw schedule. My attorney says I can rely on that report for…
The note matures in February, borrower has been clean every month, so that part is fine. The problem is that finding a note worth funding in this market takes me six to ten weeks…
A facility with a clean trailing twelve and a tight cap rate can still have an NOI built on things that do not recur. Late fees collected during a single enforcement push, auction…
I am working through a case that keeps coming up in small spec building: a builder pulls permits on two houses within the same quarter, expecting the second draw to follow the fir…
The borrower had a 14-month bridge with a hard money lender, a 60k gap piece behind it in second position, and a refinance lined up for month 12. The senior called the note at mon…
My first house is in escrow right now and I am trying to understand this for when I do it on the other side. From what I read, if a tenant-buyer pays a $5,000 option fee at signin…
Took a house I already owned in the subdivision, pulled the RAL license through Arizona's residential care process, and handed operations to a care partner on a revenue share. Ful…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
