Elliott Wolf
Pre Qualified vs. Pre-Approved
6 December 2019 | 1 reply
In reality, it's good for as long as the snapshot in time of your exact personal finances remains exactly as it was.
John Golding
Buying investment properties with partners
13 January 2020 | 5 replies
Basically TIC says any of the partners has the right to sell at any point but the ROFR says the remaining partners have first dibs on buying out the Selling partners Portion.
Hunter Spivey
Funding for MHP - Attainable down payment through lenders
24 January 2020 | 2 replies
I would try and raise money for the remaining downpayment amount.
Collin Hays
Let's hear your best STR story
12 February 2020 | 15 replies
Oops, I meant "hear"...So in 2010, I did what everyone tells you not to do: I cashed out my entire 401K and after penalties and taxes, I had about $270K remaining.
Tom Thompson
Covid 19. Hardship Question
10 May 2020 | 6 replies
However the amount will show and remain taxable when you receive the 1099-R for the distribution.
Mark Mahoney
Does this count as a closet??
21 May 2020 | 13 replies
I'd be willing to bet that the verbiage of what constitutes a closet might even say something along the lines of "being built of similar materials to the remaining structure" (i.e. drywall, wood studs, etc).
Eric Imhof
First Rental Hold or Sell?
25 May 2020 | 5 replies
Property Info:3 BR / 1.5 Bath / 1200sq ft Bought in 2017 for $163500 Down payment of 5% + $3k in closing costs30 yr FHA loan @ 4.375% Remaining Principle Balance: $145kMonthly rent: $1500 Vacancy: it’s never even had to go to market to fill, but I’ll say 1%/mo just to be safe Cap Ex: I bought it freshly renovated, but I’ll use 5%/ mo to be safe Repairs: 5%/mo to be safe, but in 3 years of owning it I’ve probably spent $100 total on repairs.
Kevin McCandrew
House Hack Brand New Duplex
4 June 2020 | 9 replies
I can rent the other unit for $1300-$1400 in that area leaving me only $600 left to pay have been hoping for the renter to cover mortgage, but looks like in my area Houston, TX Brand new duplexes/ even older ones run around 250k-300k.So heres my list of Pros and Cons im trying to weigh out Pros:Brand new no fixes for a long timeIf i moved out in a year (FHA purposes) could cash flow up to $800 afterMe and My girlfriend would save money if we split remaining $600 in half so $300 a piece saving us each roughly $250 in rent Cons:Dont know if paying $600 is really considered house hackingDont know if thats too of a price or if i can build equity in a Brand New Duplex.This is my first step towards investing so Any feedback/ advice is welcome!
Michael J Murphy Jr
NJ Affordable Housing Development
10 June 2020 | 0 replies
The remaining 400 units are to be market rate.
Jesse Daconta
When to Contact a Passive Investor
3 August 2020 | 4 replies
It's known for his slow work.Google's tool shows:The Gainrei.com page loads in 21 secondsOnly 18% of investors wait for the site to load, the remaining 82% of investors leave without waiting for the page to load:Please, increase download speed to 4-5 seconds to keep 80-90% of investors on the site.