I'm currently living in Hawaii and I'm excited to enter the Detroit market and keep everyone updated along the way.

Hi All,I finally bit the bullet and took and passed the RE exam this week.

TV shows and social media make it look like a fast track to financial freedom—but in reality, it's a tough game, especially in a market like Boston.Even if you have a down payment, you're likely using hard money loans at 10-12% interest for the purchase and rehab.

Figure out what is most important to you and measure markets against your metrics. 

The ideal situation is you guys updating and moving.

Since you put 5% down and the appraisal came in at $160K, your available equity might be limited since banks usually cap HELOCs at around 80-90% loan-to-value (LTV).

And for reference my sister is dealing with a run down house in Louisiana that has a value of about $95,000 and she shopped multiple policies with multiple insurance companies and the best rate she could get was $2500.

This is such a great community and we value all the comments!

I'm looking to transfer both my Traditional and Roth IRAs into SDIRAs and want to get a clear picture of the good, the bad, and the ugly.

I manage tons of homes for investors and owners, and I have this conversation all the time.