someone asked, the room worked it out
I have four of these running. Two sellers have now come back asking to be released from the mortgage because their lender is counting the payment against their DTI and it's blocki…
I've been talking with a sponsor about his next acquisition and he mentioned that if I bring other investors in he'd pay me 2 percent of whatever they commit. I know a fair number…
Here is a scenario worth working through. A buyer is closing on a two-unit property with an owner-occupied loan and the loan officer keeps using the phrase principal residence. Th…
Coming from a totally different career so forgive me. I read somewhere that a flip is cosmetic as long as you don't touch plumbing or electrical, and that if you don't open a wall…
For an investor whose interest is lending rather than owning, REITs come up as a way to get exposure to real estate credit without originating anything. The standard definition sa…
Trying to get straight what it actually costs to put money into one of these. One platform says $10 to start, another says $500, and the deal-by-deal ones I looked at said $25,000…
Six full-cycle exits, average 22 percent IRR, 1.9x average equity multiple, holds between 2.5 and 3.5 years. Every one of those exits happened while cap rates were compressing, an…
Most hotel deals that reach an underwriter's desk are $8M and up with a brand and a management company attached, and the equity check runs $2.5M to $3M. That is out of reach for m…
Worth sorting through from the lending side, so point out where the math is off. A seller owes about 214k on a loan at 3.1%, and the house would list somewhere near 290k. He wants…
The numbers on this strategy work, which is sort of the problem. The return comes from a household that stopped being able to pay. The standard argument is that a modification can…
I found a listing for 5 acres priced at $500 down and $289 a month, no credit check. My first rental is coming up and I've spent weeks on tenant screening, so seeing a seller hand…
I've got a spreadsheet going for a duplex in the $300k range, FHA, and every time I think it's finished I find another cost. Right now I have down payment $10,500, closing costs s…
Consider an agent representing a buyer who is accumulating small multifamily, $150k to $220k duplexes, and the buyer wants to restructure how he pays. Right now it is 2.5%, which…
Take a small town, population under 5,000, with a side by side duplex at $92k, both units rented, roof newer. The buyer calls the lender that preapproved them and is told they do…
I own some raw acreage and I've been trying to get a straight answer on highest and best use before I do anything with it. Talked to two people who both call themselves land consu…
A common scenario. An owner rents a cottage nightly and pays a co-host 20%, and when asked what she does he says everything, which explains nothing. From the outside there is a sm…
The phrase comes up constantly and the transaction behind it is rarely pictured in dollars. A note has a face value. Someone sells it below that. But which number is face? Is it t…
I'm working out the economics before I try to do this rather than after. Say another wholesaler brings me a contract with a $12k spread built in, they've done the acquisition and…
The language in nearly every offering memorandum right now is the same: supply wave is over, vacancy has peaked, absorption catches up, rents accelerate into 2027. It is a clean s…
I do renovation work and I'm trying to understand the pre-foreclosure side properly before I chase any of it. The part I can't get past: the whole pitch is that the owner is about…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
