Loan Nguyen
Cash Flow is my issue
1 December 2024 | 25 replies
When you ask such an open-ended question like where in America should I invest if not California, you open yourself up to every real estate agent telling you their market is good.
Hunter Hanlon Taylor
Physician Loan House-Hacking
20 November 2024 | 9 replies
Aloha Hunter, many lenders have physician’s loans but I’ve heard it’s tough to beat bank of America’s physician’s program.
Julio Gonzalez
Cost Segregation Study on Auto Repair Shop
19 November 2024 | 2 replies
In the H.R. 3936, Built in America Act, it was proposed to extend the 100% bonus depreciation until January 1, 2027.
Jerry Shen
Buying RE with Bitcoin
9 December 2024 | 166 replies
FHA has no guidelines specifically providing conditions where Bitcoin could be recognized as an acceptable source for funds to close.The way I read this, Coinbase (or the chosen cryptocurrency clearing house) would need to fully comply with every single thing that Bank of America and Fidelity does to verify your identity, and then issue regular normal vanilla bank statements (if you have to use the word "but..." to argue for how the thing is a bank statement, it's probably not a bank statement), which they currently do not (hours spent on customer service, clicking around my account & the borrower's account, etc etc).
Greg Hoffmann
Advice Regarding All in One Loan?
14 November 2024 | 5 replies
Here are some of the reasons:- Americas only 30 year first lien mortgage where every deposit goes 100% to principal. - Americans only first lien 30 year mortgage with 24/7 draw ability 24/7. - The only first lien mortgage in America that recasts interest every time you make a deposit!
Tyler Jahnke
Morris Invest Case Study 2.0
30 December 2024 | 819 replies
Truly sad part for Clayton is he could have been one of the largest if not the largest re seller of turn key homes in America.. he still Is at it but man he really shot himself in the foot by not owning this stuff. and for sure he knew what was happening one cannot hide behind the fact that investors and anyone just doing a cursory drive by of a non rehabbed home that was suppose to be rehabbed.. any way.. should be interesting to see if he gets away scott free other than defending the multitude of lawsuits that are no doubt pending.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
people in the street are dying becuase their company make less profit too, most small business in america can only survive by continous debt cycle.
Bryce Cover
Analyzing the Impact of Selling vs. Renting My Property
15 November 2024 | 2 replies
I’d appreciate your perspectives.Here are the details about our current home:3/2 Class A property in a middle-America town with historically ~1% annual appreciation.Purchased in 2020 for $200,000 at a 3% 30-year fixed rate.Remaining mortgage: $150,000.Estimated value: $270,000 (based on recent sales).After selling costs: Likely $100,000 in net proceeds.Rental potential: $2,000–$2,300/month.PITI: $1,200/month ($700 mortgage + ~$500 insurance/taxes).Maintenance/CapEx/Vacancy (20%): ~$400/month.If kept as a rental:Net cash flow (self-managed): ~$500/month or ~$300/month with property management.Low appreciation potential but ~$400/month in principal paydown.Considerations:What’s the additional overhead of managing a second rental property remotely (3 hours away)?
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
As you, we hope to part ways with Corporate America and the W-2 life.