Bin Chen
Do the benefits of a buying agent outweigh the cons?
13 May 2018 | 7 replies
Also, in my experience, it's typically much easier to negotiate with another agent.
Jared Smith
Advice on my future in Real Estate
16 May 2018 | 7 replies
These people typically look for retirement housing that allows them to visit mom and dad in nearby care facilities, and they're also worried about aging in place themselves because they have firsthand experience with the problems of noncompliant housing.As far as I can tell, astonishingly, no one else is doing this in rentals in Pittsburgh, despite the obvious demographics.
Ariel Lee
Need advice to get started as a wholesaler
23 May 2018 | 12 replies
For example, if they have 30% equity for a $100k listing, your minimum offer will typically be $70k because that's what they need to pay the remainder of their loan.
Dan Oconnell
How to hit a home run with empty city lot
13 May 2018 | 14 replies
Typically, can vary in markets, a vacant infill lot is worth about 1/4 to 1/3 of a newly built house.
Jack Brethauer
Has anyone established their own LLC for SDIRA without a lawyer?
14 May 2018 | 4 replies
My CPA/attorney can do it for me of course but wants $3500 to do it, which is typical for CA.
Carson Wilcox
BRRRR target... but it has LEASED SOLAR
24 May 2018 | 6 replies
Typically your monthly lease payments with solar are less than the electricity bill would be without solar, so it’s a selling point and benefit for your renters (who doesn’t like reduced utility bills)?
Daniel Bryant
Lets settle this once and for all..
14 May 2018 | 50 replies
The residential investors just typically do not have the network or know where to find them.Personally and it is just me I do not enjoy SFR and the residential tenant.
Account Closed
FHA loan experts needed.
14 May 2018 | 11 replies
This is usually too technical to mention to borrowers so typically I tell borrowers that the gross rental income from all units must be .90% of the sales price or higher in order for FHA to finance the 3-4 unit property.
Colin Simon
Modular financing methods to build cashflow in expensive markets
13 May 2018 | 1 reply
Scenario A (typical) - $500k duplex-$125k down-$375k mortgage at 4.6%Scenario B (modular financing) - $500k duplex-$125k down-$260k mortgage at 4.6%-$75k HELOC on primary residence-$40k loan against 401(k) (technically this would be $165k down, but you get the point)In scenario A, paying off the mortgage quickly makes zero improvement on cashflow until you pay it off completely, or refinance, and there's no point in that if your rate is locked in lower than current(or future) market rates.Scenario B could involve higher interest rates on the HELOC and the 401k loan, but you have multiple, simple, easy options for increasing your cashflow, and then you don't end up playing as much in the overpriced, volatile stock market.
Nick Portillo
ATTENTION ALL MILWAUKEE INVESTORS
14 May 2018 | 10 replies
It is typically much easier for you to buy "turnkey", however in my experince you will buy better quality from an owner who occupied the property than a hous that has been professionally flipped and the remodelling has been done skin deep.Cash and quick closing is not always an advantage.