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Results (10,000+)
Eva K. Real Estate Excise Tax (REET) when buying out my partner
8 November 2024 | 1 reply
I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).
Clint Miller Fix-and-Flips During the Holiday Season: Opportunity or Challenge?
8 November 2024 | 4 replies
Experienced investors often see the holiday season as an opportunity due to reduced competition and motivated sellers willing to negotiate for faster closings.
William Kulow How do we feel about fish?
8 November 2024 | 19 replies
Instead of cutting your market in half, I recommend finding ways to allow pets while reducing risk and increasing income.I allow fish tanks up to 20 gallons (275 pounds). 
Brittane Jenkins Any creative ideas for getting a down payment funded on an investment property?
9 November 2024 | 9 replies
 You may be able to secure higher leverage financing through alternative lenders than a traditional bank (not always the case) and this may help advance your objective of reducing the down payment/cash requirement but that may only be temporary relief as you will likely pay more over the course of the loan because of higher rates and fees.
James Wise Who is Bob Stevens AKA Bob Prisco and what's his involvement in Cleveland?
11 November 2024 | 65 replies
https://www.linkedin.com/in/bobprisco/AboutThanks for taking a minute (or two) to read about what we do and why it might benefit you too :-)At first glance, we might look like JUST another real estate investment firm.A firm specializing in helping regular people (like us) achieve true financial freedom, reducing risk, maximizing passive income, and saving on taxes…One that delivers 100% hands-off turn-key rental properties to our investors from around the globe.
Gabriel Zepeda FHA Streamline to reduce mortgage interest rate Scam or real?
1 November 2024 | 8 replies
I guess this is a perk of buying at the peak of rates now that the Fed wants to reduce rates in the near future.
Mason Moyse House Hacking Advice?
7 November 2024 | 5 replies
The idea is to purchase a single-family residence where they would help cover the mortgage, or at least reduce my monthly payments.I’d love to hear from anyone who has experience with house hacking!
Eva K. Reducing Closing &Calculating REET) when buying out my partner
31 October 2024 | 0 replies
I'm fairly confident from reading online we don't qualify for an exemption, but I'm trying to assess actual closing costs to trying and reduce them All details:Bought the house 2.5 years ago for $980K (left on mortgage $753K), we have a clause for an assumable mortgage for me to take over (I can keep same rate).
Orlando Kell What is proper order of rehab work?
11 November 2024 | 36 replies
I typically build in an inspection contingency into my offers (yes this reduces my competitiveness of my offers, but its also a safety net to protect my bottom line).
Tyler Condon Closing costs are already covered, but seller wants to give credit for repairs still
6 November 2024 | 7 replies
If you do not want to do that, then you would have to ask the seller to reduce the purchase price by that dollar amount.