David Overcash
Retired Navy, New investor looking to buy first Property in 2025
29 January 2025 | 17 replies
Your right on both points Samuel.
Patrick Braswell
Refi on rental without existing mortgage?
19 January 2025 | 5 replies
There is currently not a mortgage on the property, but due to the s-corp ownership, refinancing is not going as easily as I'd hoped.
Jacob Hrip
Book on estimating rehab costs
30 December 2024 | 4 replies
You can read a book and multiple books, but unless you are out there doing it (I.e. getting bids and getting contractors to truly get you an exact estimate) you will be far off from the numbers you want and may even lose money on the flip/rehab.The best advice I would suggest in my experience is that you should get into the line of work by either partnering with someone or working with someone on some projects prior to going into a flip on your own.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
But damned if I can find anything online about landlords using it!
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.
La Toya Flowers Butler
I'm a Newbie here!
21 January 2025 | 7 replies
And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?
Carsyn Childress
Are wholesalers using BiggerPockets?
29 January 2025 | 18 replies
seems to be with the power of REI nation in the market place wholesalers would be lined up to present deals to U guys first .. invite them into your offices and give them the tour like you do your retail buyers..
Jeffrey Hayes
Seeking Advice on Determining Monthly Rental Rate for SFH Lease
20 January 2025 | 8 replies
The only situation when the stairs have to be used on the top floor is when going downstairs to the backyard.
Remy Piazza
Is anyone working with or has worked with Wicked Smart REI Coaching program?
20 January 2025 | 6 replies
Truthfully, I am not that big on coaching programs BUT, I can understand the benefits of having someone in your corner teaching and coaching you on the ins and outs of real estate investing every week.
Najeh Davenport
Need Advice on Appraisal Issues and Refinancing Options
15 January 2025 | 12 replies
Staff often seemed to focus on one requirement at a time, and only moving on to others as each was taken care of, instead of starting them all at the same time.