All Forum Posts by: Karina Gomes

Mike, talk about shining a light! thank you.  had no idea that was a thing!!!!!  thank you!

What about new investments?  when you are starting out and cant have proof of income.  As I am doing bits and pieces everywhere and living from my savings.  Is community banks really the answer? any you recon in the area?

Hi, I have an apartment in Virginia I used to live in before being relocated for my previous job to Miami. I now rent that place and lose about $150 a month.  I am 13yrs into my 30-year loan at a 6% rate.  I want to take advantage of these low refi rates but have tried with BOFA (who holds the current loan) and the answer is "although you have never did a late payment on this loan, you don't have a job and monthly stable income."  So, two things:

A. how do I go around it?  small community banks?  how should I approach them?

B. the current loan is under my name as it is no longer my primary home, I wanted to put it under an LLC. but people tell me it is not doable unless I pay off my loan.

Can anyone shine some light?

PS. I have about 100K equity on that VA apartment, 100K in my current Miami apartment, and a free and clear house I just finished flipping in Miami -- how can I present that to show I am a trustworthy person who pays my bills on time?

Hi everyone, I am looking to flip a house in a great neighborhood in Miami. Father died and left the property in the daughter's name. ARV 410,000 it is a 4bed/2bath at 1400 sqft.

I am looking at an 80K rehab.  needs new bathrooms, kitchen, a/c (as it has none).  Other than that is sanding floors (they are hardwood), painting and adding lighting fixtures, fans, etc.

For me to wholesale..... I would start with 410,000 x .7 - 90K then I take my fee?  In other words, I would need to pay 197k? then the fee?

Is that it?  Sorry if it sounds stupid, but it is my first and it came from mailing, so I am a bit excited and want to make sure i do it right.

Hello experts, I am been reading lots about cold txt/email in Florida, but there are so many bits that I am afraid of trying (opt-in written consent, opt-out, etc).  Anyone out there has done it in Florida and could shine some light.  Don't want to break the law and end up with hefty fines. thank you!

Hope to have it out the door once done :)

I am rehabbing a SFH in an up and coming neighborhood. I went to see a vanity at home depot .... it looks beautiful, but feel CHEAP, plasticky $200. I know you get what you pay for. This is my first bathroom ... should I go for it or should I invest in a $400.
House ARV $250K

thanks in advance!

https://www.homedepot.com/p/Glacier-Bay-Shaila-30-5-in-W-Bath-Vanity-in-White-with-Cultured-Marble-Vanity-Top-in-White-with-White-Sink-PPSOFWHT30/205428781

Hello! I am a newbie and working the probate angle. Went to the courthouse today and have a few questions for someone who has been in the biz for a while and has success with probate.

1. Any special way of a approaching the estate rep?

2. When they are represented by a lawyer, do you reach out to the heir or to the lawyers office?

3. A lot of times, the heir lives at the same address as the dead. Do you go after that too or it might be a rental and you focus only on the asset left?

Sorry these might be obvious questions. I appreciate any help.

Thanks, Karina

Hi, I am thinking about rolling over my last job's 401K into a Solo, so I can do real estate investing with it. Does anyone recommend a provider?  there are so many and trying to vet them and it is a challenge.  thank you!

Great insight! Will keep all of that in mind. 

@Shaun J. thank you thank you! Onto the next one!