Natalie Cao
Trying to start real estate investing
9 December 2024 | 3 replies
A duplex, triplex, or fourplex is ideal because the more units, the more financing options banks may offer.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
14 December 2024 | 101 replies
The resources we had:- a bank (conventional) that lends money up to 35k for 650 credit score- hard money lender with APR 120%- seller/community (who acts like he doesn't want to talk at all)- a real estate mentor that costs $35K to useThe "answer" to this exercise was:Use personal credit to borrow from the bank and spend the $35k on mentor, and then mentor has the "connection" with the community bank to negotiate a deal and brought a 70K property for 40K with FMV of $140K.
Berna Geylani
Non-profit funds, no clear path - feeling lost
2 December 2024 | 5 replies
@Berna Geylani, you have just learned how the government works or rather fails to work well.
Jeff Hines
How would you start investing if you had $150k???
17 December 2024 | 86 replies
Alternatively, there are high-yield online savings accounts like Marcus or others - the difference is that banks have some inherent risk, thus the FDIC insurance.
Account Closed
11 Places to Find Foreclosure and Pre-foreclosure Listings
26 November 2024 | 3 replies
*Banks don't list foreclosure listings on their websites.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
The company’s claim to have relaunch failed big name retailers is complete fiction.b.
Jason S.
Flat Broke and No Funds...What to do???
11 December 2024 | 68 replies
As your banks have made very clear.Getting a second job would be financially more productive and less work than wholesaling.
Connor McGinnis
Longer loan term with better cash flow or shorter loan term?
7 December 2024 | 4 replies
I have a family investor that I will borrow from for the down payment, then finance the rest from the bank.
Tracey Watler
Looking a lender…
2 December 2024 | 9 replies
Yes, I've heard that with first bank, but to be fair, I've heard many people complain about all 3 of them.
Kevin Prasad
Seller Financing: need advice on how to pitch
9 December 2024 | 5 replies
Personally I have not had much luck with seller financing when there are agents involved - most don’t understand it and think it just makes the deal more complicated.Did you check with your bank to see if they will mind you having a second loan on the property?