
7 January 2025 | 11 replies
Kindly let me know if possible.RegardsHey Kemi, I would start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk.

5 January 2025 | 2 replies
It's been a pretty cool journey and has allowed me to leave my W2, however, I've come to the realization that my current strategy of delayed gratification is no longer working for me.

5 January 2025 | 5 replies
You need to connect with people, form trust relationships, learn from others in your area and you'll be surprised how opportunities open up.

3 January 2025 | 0 replies
Water from the well has sediments and water forms a yellow lining in toilet.

3 January 2025 | 4 replies
It has helped me over the years so much, and I wanted to get started contributing back to the platform that has done so much for me.

4 January 2025 | 2 replies
Real estate is not the stock market and it's called buy & hold and not buy & sell for a reason.I did sell a few properties about 10 years ago when I learned the hard way that going into cheaper neighborhoods was not the right strategy for me, so that was basically a strategy correction and it was necessary, but also costly both in terms of dollars and time.

7 January 2025 | 5 replies
For me, I am a little hesitant because I would be in a situation where I would be trying to secure traditional lending (which should be very feasible given credit scores & what $$ amount I am pre-approved up to from my banks), meaning that I assume I would be forced into using my first-time homebuyer loan incentives.

2 January 2025 | 1 reply
This growth seems a bit slow for me, and it might not be best for selling.

4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?

23 January 2025 | 165 replies
I could go on to argue it's a form of "Blockbusting" and with that illegal and discriminatory.