Kevin Oh
Shopping around for better rates
18 December 2024 | 12 replies
I’ve had several investor clients go with a new (to me)/ unproven lender because of a slightly lower rate promise only to get burned by that lender (closing costs were higher, appraisal costs much higher and appraisal was a nightmare, main point of contact gave us the clear to close as we passed our financing contingency then just before closing someone from the underwriting department we previously didn’t know existed said we need a few more days and seller didn’t agree because they had a higher backup offer, jeopardizing the earnest money and losing the property, etc).
Jonathan Vinas
Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
24 December 2024 | 25 replies
So you're going to have to do some research on the existing towns you're looking at to see where it's allowed and where it's not allowed.
Nathaniel Kamp
Advise needed to purchase problem property
17 December 2024 | 4 replies
(I would not specify how much.)If the property needs a ton of repairs, then even buying it subject to the existing mortgage may not be enough to make this a viable deal.You need more info, and fast!
Justin Brin
What do you think of Tulsa, OK?
10 December 2024 | 16 replies
Not as saturated as other markets.
Shayan Sameer
Fix n Flip 70% rule
3 January 2025 | 45 replies
Better off buying short term treasuries with as close to zero risk as exists in investing.
Cathy Fitzwilliam
BRRRR in San Diego for new investor
21 December 2024 | 11 replies
If you can't find an existing multifamily to pencil out try to identify something that you could add an ADU to or a larger single family home you can split into more than one unit using ADU rules.
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
You'll meet many of his existing students, and learn about their experiences, without a high-pressure sales pitch.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
You also need a detailed explanation of each cost item to solidify a clear scope of work for that specific task.Experienced general contractors provide computerized plans to show the current existing conditions and the proposed final floor plan.
Taylor Kendrick
A question about "appurtenances"
13 December 2024 | 5 replies
The new buyer would have to honor the pre-existing oil rights of the oil company.My question is: is it possible to transfer oil rights but not mineral rights?
Eamon Conheady
Do not use this lender!
26 December 2024 | 21 replies
This approach undermines the trust that should exist in a lending relationship.