A seller I've bought two singles from is offering four seasoned performing firsts as a pool, all or nothing. Total UPB $312,000, blended ask 86, so $268,320. A: UPB 96,400, coupon…
I've been handed a co-invest slot alongside a sponsor a former coworker vouches for, $75k minimum, and I have until the 30th to fund or pass. This is the first institutional-size…
First one, nothing signed yet, and I want the number for the day before the first resident moves in rather than the stabilized number everyone posts. What I have written down: Pur…
Numbers first because otherwise this is just complaining. House A: 2,100 sf, framed and dried in as of three weeks ago. Lot cost 95k, hard cost budget 312k, spent 218k to date. Co…
Parcel is 9.6 acres, contract at 61,000, and I had it penciled at 84,000 to a small builder who wanted three lots out of it. Then I read the zoning table properly. Zone allows 3 a…
Under contract on a 1,480 square foot three bed two bath in a 1978 tract subdivision, midwest, inspection cleared with nothing structural. Original kitchen, carpet over slab in th…
Looking at a first position mortgage offering on a crowdfunding portal. $10,000 minimum, 10.0% annual rate paid monthly, 12 month term with two 3-month extension options at the bo…
Closed a flip three weeks ago, $118k net after everything. My next acquisition is probably 8 to 14 months out because the wholesalers I use have gone quiet and I'm not paying reta…
I bid $164k to redo roofs, 26 guest bathrooms, and replace eight through-wall HVAC units at a small independent lodge near a state park. Seasonal place, exterior corridors, family…
Someone I've met a few times through a lending group is clearing out and offered me two non-performing seconds as a pair. Balances $34k and $41k, both stopped paying in 2023, ask…
Sent 600 letters to absentee owners in one rural county about two hours from a mid-size city. Got back a call from a woman who inherited a parcel from an uncle in the 90s, has nev…
I'm building out a management offering aimed at house hackers who moved out and kept the rooms rented individually, plus a few owners who never lived there and just run five-bedro…
The trailing twelve off the owner's dashboard: $61,400 gross bookings, of which $9,300 was collected cleaning fees. 214 booked nights across 63 separate stays. 3BR/2BA, sleeps 8,…
Single performing first. UPB 118,500, coupon 7.25%, P&I 926, 39 payments on time with no lates in the servicer ledger, BPO 197,000, escrowed for taxes and insurance and both curre…
A guy I met at a local meetup has three contracts he can't move. Small houses, 90k to 140k range, all needing work. He offered me 40 percent of whatever fee I bring in if I find t…
I've held this parcel for eleven years. It's zoned for multifamily by right, sewer is at the property line, and I've had three inquiries in the last decade and none of them seriou…
A guy who has framed and finished work on two houses for people I know asked me for 25,000 to finish a flip. He offered 10% and said four months. What I have from him, verbally: p…
Getting my license this year and a family friend asked me to help him buy a duplex inside his self-directed Roth. He's serious, has about $340k in the account, and wants to close…
I'm the seller on a 3 bed 1 bath in a working class pocket of a mid size midwest market. Appraised style value around 240k, contract at 240k. Buyer is self employed, two years of…
This came to me through a manager I've done small jobs for. A platform is aggregating storage in two states, 19 facilities under contract or owned, targeting around 30 by the end…