Annie Balagot
Help with home sales strategy - What would you do? need advice
3 April 2024 | 8 replies
On the other hand, renting out your home could provide steady income to cover your mortgage and offer tax benefits, all while maintaining your current low mortgage rate.
Brandon Kelly
How to structure a little-to-no downpayment loan on a rental?
2 April 2024 | 2 replies
The lease (with the current college students) was just renewed through their 2025 school year.I'm trying to figure out how to make this happen with little-to-no money down, as I have other 'irons in the fire' at the moment.I'm planning to offer $400-450k for the home, and am trying to structure something where a conventional lender would loan an amount that would be covered by the current rental rate (lets just say $300-350k)... ...then, anything outside of that amount, would be carried by the Seller (for a short while)... ...Seller financed with a ballon in 5-years?
Jamie O'Connell
First Seller Finance Deal.
2 April 2024 | 1 reply
Made this offer a few times over course of 6 months and gave up on it and the seller came back with favorable contract.
Clint Jusino
What steps would you follow to do a Rehab on a rental property you have just purchase
1 April 2024 | 48 replies
You may need a construction manager (a guy a friend who is organized doesn't need to be a pro trades person but doesn't use or party) to daily boots on site be orchestrating who is on first and that no one steals your supplies.
Mark S.
Tenant Claims Bad Bathroom Odor, Should I Just Let Him Go?
2 April 2024 | 49 replies
He went out for another issue and he said yep, they were using that tub and the stink is because they put organic oils, fresh flowers and leaves, needles in the tub along with apparently oatmeal.
Mark De sagun
FHA 203k loan experience?
3 April 2024 | 20 replies
When I called on an FHA Broker I found that they no longer offer this product!!
Joshua Michael Hauman
If I wanted to get stated in real estate this is how I would begin
2 April 2024 | 2 replies
However, recently a good friend of mine from church (who happens to have an extensive experience in RE) offered me to partner up to help me start and without me having to put any money, just asked me to contribute to him by finding a low cost deal, help with the process and he promised me to split profits equally if either selling or holding.
Account Closed
Deals Metrics and Formulas in Real Estate Investing
2 April 2024 | 4 replies
Understanding these metrics and their evolution over time offers valuable insights into risk management and risk-adjusted returns.
Jon B.
Purchasing a House With Fire Damage
2 April 2024 | 6 replies
I am thinking of making an all-cash offer to purchase a SFR with existing fire damage in the kitchen at a price well below market value The property is in otherwise solid condition and in a great neighborhood.