Ramon Pena Alvarado
REO wholesaling
20 September 2024 | 31 replies
The right title agent/company is absolutely essential to the double closing process.You do want to be aware that some Fannie Mae REO's have deed restrictions to how long you have to hold the property to sell it over a certain amount.In my area, they put in a deed restriction that you can't resell within 90 days for more than 25% over the purchase price.
Phillip Dakhnovets
Age old question: Cashflow vs Appreciation
19 September 2024 | 13 replies
Old West End might be a spot to explore for this blend, but it's essential to do your due diligence.If you need any advice on financing options for these investments, I'm happy to help!
Saijal Sindwani
Dealing with a difficult tenant on a recently bought SFH
19 September 2024 | 14 replies
If your lease includes this provision, I recommend issuing a lease violation notice for not allowing maintenance to enter and carry out essential repairs.
Oliver Sparks
Multifamily fire alarms
16 September 2024 | 2 replies
It makes sense they do that for safety reasons but how frustrating for you!
Hali Snyder
Next steps? End goal?
17 September 2024 | 3 replies
So we would essentially need to move all of our belongings out and then back in a year later.2.
Tim Silvers
Flipping prior fire-damaged house
16 September 2024 | 4 replies
There are no other safety concerns or visible signs of the fire left intact.
Adrian Smude
The BRRRR method is dead
21 September 2024 | 71 replies
Now with essentially free money being gone, not only in BRRR is it more challenging but every aspect of real estate is more challenging and we are going to see a lot of people lose a lot because of inexperience of not knowing their risk
Palmer Thomas
Using paid off rental as down payment for DSCR loan
16 September 2024 | 8 replies
Would doing this basically double the lender fees since I would essentially be taking out two mortgages?
Austin Williams
How Do I Know If I Made a Low Enough Offer?
17 September 2024 | 10 replies
Currently you’re essentially a peewee football kid asking the coach how to run circles around the professional defense.
Lesley M.
Sell or continue renting SFH in St Louis area
16 September 2024 | 5 replies
Also, put any repairs pointed out by the inspector into the following categories (by priority)1) Health & Safety - to avoid tenant injury and potential lawsuits2) Property Preservation - to stop further costlier damages3) Government Required - city inspection repairs & S84) Marketing Negative Impact - who'll rent a house with purple bedrooms?