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25 September 2024 | 17 replies
My wife and I are still in the 'learning phase' as real estate investors, but we know for sure that in the next year (a) we will be converting our primary residence in to a rental, and (b) buying another house that will be our primary residence for 1-2 years so that we can qualify for an owner occupied mortgage.
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25 September 2024 | 0 replies
I have some experience buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
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25 September 2024 | 11 replies
I would question the "Fair Housing Law" statement as I have read (although I do not know it verbatim) and I do not remember seeing anything about applying security deposits towards rent.
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25 September 2024 | 17 replies
I am really sad to hear this because i was very sold that i might have found something solid to change my future and possibly my family tree.I hope its not true, does anyone know if this is a legit business?
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24 September 2024 | 11 replies
I’m also thinking about using an S-Corp or another passthrough entity for tax purposes.I'm looking to scale my real estate portfolio, and I know that starting sooner rather than later will be more beneficial in the long run.
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24 September 2024 | 5 replies
IM located in PHX,az and would like to know the name of this deal scenario where buyer agrees to pay off completly sellers loan balance, for example , lets say seller owes $50k on a $350k home buyer agrees to pay seller that $50k and is the new owner of said home.
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25 September 2024 | 13 replies
I know a great insurance guy that covers Bay Area, Sac, and Reno NV.
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24 September 2024 | 6 replies
Thank you all for all the information and knowledge you folks share in this platform, found out about bigger pockets through a podcast and I was like whaaaattt, these folks know what they are talking about I can learn here so much.
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26 September 2024 | 11 replies
I'm not 100% sure on the law, but I know that if you don't clean a dryer vent it's possible to become a fire hazard in time.
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27 September 2024 | 16 replies
I don't know Fremont specifically that well, and local market drivers could change my perspective, but looking at the 3 year trend on sale price I think you'd do well to hold 6-24 months if at all possible.