Brian Erickson
From Boxes to Billions!
1 September 2018 | 3 replies
My name is Brian, and I'm teaming up with my wife Elizabeth to achieve financial freedom using real estate as our vessel.Just over a month ago my wife's phone was submerged in liquid by one of our small children.
Donald Weyhrauch
Proof of funds from a stock portfolio ?!
7 October 2022 | 4 replies
In this way I can still capitalize on market gains and show I have easy to access funds.Would a seller go for this or does it literally need to be liquid "cash" sitting in a checking account?
Brock Malinowski
Property management suggestions in Cleveland area
6 September 2018 | 6 replies
From what I understand, it's partially to persuade people to upgrade to a pro account but mostly to prevent the forums from being flooded by PM's, agents, contractors, wholesalers, flippers, etc. who are just looking to advertise their products/services.
Carleen L.
Pull money out after 1031?
30 August 2018 | 4 replies
My question is: can I then turn around and sell the new 1031 property and keep some of that money liquid?
Phillip Poyhonen
[Calc Review] Do my expense estimates seem off?
30 August 2018 | 5 replies
An 8-plex at 1017 E MCKINLEY ST, Phoenix, AZ 85006.So ultimately, you've got a case of seller/listing agent pulling an asking price out of their rear end and completely ignoring reality.You get this for $300k (what it's worth -- or less) and your PITI drops to $1,555 and suddenly this deal makes a whole lot more sense.
Joshua Hollandsworth
Are there caps on ARMs?
30 August 2018 | 2 replies
I have never had a problem putting a new loan on them at that point with the original or a new lender at current interest rates.But that's generally because A) the properties had appreciated in value and B) there is quite a bit of principal pay-down on 20 year amm in the first 5 years.My decision has always been more about do I want to pull more money out, roll it into another 20 year product and lower the payment or continue paying it off on a 15 year schedule.To deal with those questions and answer your question about 'protection', is kind of a personal business decision.
Yuvaraj Vimawala
How to handle emergency situations with tenants (AC issues)
6 September 2018 | 48 replies
I like the suggestions above, hang around the Home Depot near the furnace/water heater products and see if you can find a guy who does side jobs.
Paul Lagno
Ellicottville NY Vacation Rental
30 August 2018 | 1 reply
I live in Buffalo right now, and I feel like anytime I drive through E-Ville it is just flat out packed with people (Fall Fest, Jazz Festival, Ski season, etc.).
Nick Colvill
Seller doesn't have Schedule E - shady?
4 September 2018 | 16 replies
I know the Schedule E is what a landlord should be filing come tax season, and I know my lender will want to see the Schedule E for the property for loan purposes.
Yuvaraj Vimawala
SFR investor from Austin, TX looking to go Multi family
6 September 2018 | 7 replies
Yes, @Jim @Jim Cummings, what I mean by $1M is based on my liquidity I can secure upto $1M or little over that, of agency debt.