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7 August 2024 | 3 replies
If the HELOC amount you're requesting is relatively low (often below $100,000), lenders might waive the full appraisal.Drive-By Appraisal : Instead of a full interior inspection, a drive-by appraisal involves the appraiser evaluating the exterior of the property only.Desktop Appraisal : This type of appraisal is conducted remotely using data and photos provided by the homeowner or real estate agents.Based on the little knowledge that I have about stuff like this it sounds like you need to connect with existing lenders in your network or find new lenders in your network that have programs aligned with your goals.
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1 August 2024 | 2 replies
First wholesale deal question.I've got a property under contract with a $100 earnest money deposit.
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6 August 2024 | 29 replies
There's been so much interest in real estate investing and the success stories on podcasts and in books - most of which were achieved over the last decade - give people the real estate "bug" and they often over pay either because they don't know how to run the numbers or because they're just so anxious to get in.
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6 August 2024 | 9 replies
Happy to chat more, although I'm more responsive and active on Instagram @james_hwangThe real estate investing world is small and the MTR operator world is even smaller.
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6 August 2024 | 49 replies
I have taken their course and can say that Cody and David are the real deal and the amount of value in the course way exceeds the price.
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6 August 2024 | 1 reply
Real Estate is one of the most illiquid asset classes and thus takes months to work its way through.
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5 August 2024 | 3 replies
Realize at the outset that real estate will involve all different types to service, maintain, repair, improve, insure, manage and eventually sell.
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5 August 2024 | 9 replies
I personally believe in owning real estate in LLC's but the reasons are more for business planning than asset protection.
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6 August 2024 | 4 replies
You should always vet your agent to ensure they are experienced and working hard, full-time, in the market.It's nice if you can find an agent that specializes in real estate investing, but any solid agent should work well for you.
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7 August 2024 | 23 replies
I as Real Estate Broker am going to take on more liability, more work, more efforts, more hassles, and that comes with a price tag.