All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
the whole forum
Working through some loan summaries and the second position loans keep paying 3 or 4 points more. A second lien on a rehab, 14 percent, 2 points, and the combined loan to value is…
Loan on my desk: $412,000 on a 6 unit brick walkup, tired but occupied at 4 of 6. Borrower is repositioning, turning units as they vacate, exit is a DSCR refi at stabilization. As…
Standing rule in most of the training I've read is that you never reference how you found the owner and you never put their foreclosure in the first line. Lead with help, let them…
I got the inspector's agreement by email before he'll schedule, and I read the whole thing, which apparently nobody does. Paragraph 9 says his liability for anything, including ne…
I do renovations, so I read a lot of inspection reports on houses that are about to be torn into. The reports are good. The pricing makes no sense to me. A guy spends three hours…
Working out what the first deal actually costs and I realized I don't understand how I get paid. If I assign my contract for $5,000, does the buyer write me a check when we sign t…
Locked a 3/2 at 148k against a written buy box from a buyer who closed nine houses last year. He passed on day nine because his lender wouldn't fund a fifth concurrent project. I…
I've been sitting in on pricing conversations at two shops in the same metro, similar door counts, and they've gone opposite directions on the same math. Shop A charges 10.5% of c…
Underwriting is the whole job for me, so when I started getting on dispo lists I got buried. 700 emails in about seven months across six senders. I needed a way to say no in under…
Working on tying up four contiguous parcels at the edge of a growing small city, 31 acres total across the four, currently zoned agricultural with the comprehensive plan showing r…
I've got a proposal in front of me from someone who wants to run disposition for a wholesaler I'm partly funding. Terms are $1,500 a month retainer plus 25% of the spread on anyth…
I've been reading notes and paper for months and mostly staying out of equity deals, but a friend on the wholesale side asked me to look at the terms of a marketplace he's about t…
I'm at month 11 in the current house and there are two orders I can do the next steps in, and lenders have told me different things about which one helps. Order A. Find a tenant,…
Nothing to show for this one, which is why I'm posting it. I had a 2 bed cottage in a older part of town under contract at 142k, rehab I scoped at 46k, comps supporting 245k to 25…
Studying for the license and one of the brokers at the office let me sit in on a 180 unit listing. The offering memorandum leads with $172,000 per unit against a "replacement cost…
We manage smaller stuff, mostly 40 to 120 unit properties for local owners. A group that just bought a 320-unit asset in our market wants third-party management and their agreemen…
Finished and closed last month. 2,340 square feet, two story, four bed, in an established neighborhood where similar houses trade between 545 and 590. Mine appraised at 508 and so…
I've got a build decision to make and it changes what I spend the next year on. Option one is depth. Two states, learn them properly, one attorney per state on retainer, contract…
Fast is my whole thing and it cost me here. Saw a parcel come across a list, 5 acres, wooded, $4,300 asking from an owner three states away who had inherited it and never visited.…
Offer accepted at 296k on what the listing called a duplex. Upstairs is a two bedroom, downstairs is a one bedroom with its own entrance off the side yard. Separate electric, shar…