Gefter Chongong
New member introductions
4 January 2025 | 3 replies
Quote from @Gefter Chongong: Hello,My name is Jeff, and I am based in the Washington, DC, Maryland, and Virginia area.
Stephen Patton
Newbie & Confused
21 January 2025 | 2 replies
I would make sure financially you have a good base and then connect with a local agent
Summer Shelton
Income from property considered when applying for loan as primary residence
11 January 2025 | 8 replies
Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
Most hard money lenders base their terms on the deal’s equity and your experience, so with a solid flip track record like yours, you should be able to find better leverage — especially if the deal has a strong ARV.What's the ARV on the property?
Tony Schmucker
New Investor Seeking Advice on Relocating and House Hacking
21 January 2025 | 19 replies
I’m a new investor based in WA state with an exciting opportunity to relocate for work in the U.S. and out of the 92 cities available, I’ve narrowed it down to 13.
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
The already-constructed home is one point on the base of the triangle, and the other plots comprise the rest.
Krissi Miramontes
Fix and Flip
22 January 2025 | 4 replies
To remedy this for next time I am in the process of creating a design board that can be used as a base for future flips.
Nate McCarthy
Investing in Sacramento - Lots of questions!
20 January 2025 | 4 replies
We're willing to live almost anywhere in the greater Sacramento area based on what we can afford, provided of course that the property is in a decent neighborhood that has a good chance of attracting responsible tenants.As for budget, I believe we could get a conventional loan for properties up to $600k, but my strong preference is to find a distressed property (or seller!)
Kenneth Arafat
1% Rule Questions
16 January 2025 | 2 replies
Look at all of the costs and then all of the revenue and make a decision based on that.