Sean P.
1M in funds but no experience
22 July 2024 | 19 replies
Credit ~800Presuming 25% down, but open to whatever numbers work out bestNon-owner occupiedLong distance (no specific geography selected yet)Professional managementLeaning towards MHP initially, but open to apartments if the numbers workPriority is maximizing cash flow, especially in the first 1-3 years
Grace Galang
Sale vs keeping property advice
25 July 2024 | 5 replies
Now, we want to sell it partly because a neighbor keeps calling us complaining about menial things about the property and property management.
Esmeralda Yniguez
Any drawbacks to sellers working with VA buyers?
24 July 2024 | 9 replies
I am a Veteran and have used the VA loan product myself with no issues personally.
Tamara Paz
Parking Lot Investing in DFW
24 July 2024 | 4 replies
It's a bet on the future appreciation, maybe generates enough income in the meantime to pay taxes and insurance, chances are no cash flow.
John Thedford
First National Realty Partners: Any Experience Or Knowledge
23 July 2024 | 32 replies
No one returns the calls.
Blue Presley
How to turn 5 random houses into a real estate business portfolio? Rent or Sell?
25 July 2024 | 8 replies
If you boost leverage to 75% the cash in your pocket is even greater and the returns get boosted again.Now go forward in time a few years and you can do a few things you can never do with a stock:If the property has appreciated, take out another loan and put more money in your pocket.Or, you could sell the property you can use 1031 exchange to buy a much bigger property, reset the depreciation clock and pay no income taxes at that time.
Adam Craig
First time being sued for non-disclosure issues. Advice
25 July 2024 | 20 replies
Call your agent and ask.The court will ask them what their monetary loss is.
Nathan Siva
Needs help with rehab estimation
24 July 2024 | 4 replies
No it was easy when they had the rehab estimator to run the numbers and put my offers without disturbing the GC's.
Joe S.
Branner with no lease and property that I am buying.
23 July 2024 | 3 replies
So I have had a seller reach out and we have negotiated a price that’s extremely good deal for me. The challenge is they have a renter that they claim has been in there two years without a lease.
Should I require th...
William Ladd
VA HOME LOAN
24 July 2024 | 7 replies
Then, you can refinance both of those VA loans into conventional, keep them as rentals, do what's called a "1 time restoration," restore your VA entitlement, and repeat the process again.