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Results (10,000+)
Graham Lemly Financing Strategies for house I want - Hard Money, Rehab or Conventional?
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?
Katie Southard Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
Do you want to be solving tenant issues, buying properties, problems at work, etc. 
Van Lam Cash Out Refinance
11 January 2025 | 7 replies
Thanks so much.By the way, I have not met any investors that come to this issue, but I think there will be.
Nate McCarthy Multi-party investing deal structure for BRRRR/House hack
19 January 2025 | 14 replies
to be clear - lots of other issues, lots of other challenges, and BRRRR is difficult right now with interest rates so high. 
Scott MacComb Contract with general contractor on house flip
31 December 2024 | 13 replies
If you really want one then I would have one drafted by an attorney to make sure you are square on all issues, liabilities, scheduling etc.  
Scott Trench Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
They may have been introduced to wholesaling as a low-barrier entry into real estate and never considered licensing as a viable option.Why Getting Licensed Could Be Beneficial:Access to MLS: Licensed agents can access MLS listings, making it easier to find deals and run comps.Credibility: Being licensed can increase trust and credibility with sellers and buyers.Expanded Opportunities: As you mentioned, having a license opens up the option to list properties traditionally when wholesaling isn’t the best fit.Legal Clarity: Licensing helps clarify what you can and can’t do, reducing the risk of running into legal issues that plague unlicensed wholesalers.It’s a balancing act, but for many serious operators, getting licensed seems like a logical step to expand opportunities and ensure compliance.
Ramsey Doumani Investing in a condo vs townhouse as a traveler
12 January 2025 | 8 replies
Also, watch out for any litigation or construction issues that could lead to HOA fee increases down the road.Alternatively, you could consider a good deal on a single-family home or a 2-4 unit property.
Rafael Valdor Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Primary issue I see is being priced too high for the current market by a few hundred dollars. 
Nicholas Stout Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
@Nicholas Stout Normally when I hear landlords make the conscientious decision to "convert" their properties to Section 8 rentals, they have a real estate problem wrongly diagnosed as property management or tenant issues.
Steven Radolinski Insights into the Albuquerque Real Estate Market: Opportunities and Considerations
12 January 2025 | 8 replies
Crime and drugs still an issue, but getting quality tenants has not been a challenge... so far so good.