Janesly Lafortune
Help Analyzing a deal
25 October 2020 | 9 replies
Removing that room would allow me to frame out a true master bedroom and even add space for a stackable washer and dryer insert. it would even give the home a bigger living room. unfortunately, the property is sitting on a crawl space foundation so I was thinking and hopefully, my mindset isn't too far fetched of maximizing the functionality of the space I have to work with.You're completely right I have come a long way to get cold feet.
Don Huynh
Newbie Investor - Here to Learn
17 October 2020 | 3 replies
If working with real estate agents at this early of a stage in my learning, I don't want to waste any agent's effort but I do want to garner more experience and comfort in the process so I'd like to pick anyone's brain.
Ben Kirchner
Anyone buying off auctions?
19 October 2020 | 5 replies
I know typically with courthouse auctions it is a very quick turnaround (maybe 24 hours) from when your offer gets accepted to when the payment is due and you close so you will have to be comfortable with the added risk of not being able to do much due diligence, or will have to scramble to quickly verify you are buying a clean title and to produce the cash for purchase if you don't have it already liquid.
Alexander Johnson
I’m currently military
16 October 2020 | 9 replies
I am reading and studying real estate investing for the time I’m still in and feel comfortable jumping right into house hacking once I’m out.
Josue Molinari
Realtors maximizing MLS
15 October 2020 | 3 replies
Hey guys, so having access to MLS has given me even more access to certain software programs that can help identify absentee owners (in & out of state). I’m generating a list to market to and would like some insig...
Shiv P.
Buy 100% in cash, then HELOC as a down payment to buy a business?
20 October 2020 | 5 replies
SBA lenders would also feel more comfortable that I own real estate that they can use as collateral against the SBA loan. 4) Use the cashflow of the business to pay back the HELOC, and build back equity in the house over time.5) Use leftover cashflow to cover living expenses and reinvestment.Am I thinking this through correctly?
Dyllon G.
For sale in Georgia (Atlanta), Florida (Orlando/Tampa), and NC?
15 October 2020 | 3 replies
Probably after 3-4 purchases, then I'll be comfortable closing on a sale without a realtor from 2000 miles away.
Robin Casper
Removing tenants for extensive construction
28 November 2020 | 10 replies
Have to jack up 3 stories of floor joists which is not something I feel comfortable doing unless it’s vacant.
Todd Ashley
Looking for an Accountant (OR and NY)
15 October 2020 | 6 replies
Feel free to work with the one you feel most comfortable with.When you work with your accountant - you will want him/her to review the last couple of tax returns you filed since you did them yourself to determine if there was any errors/rooms for improvement.Owning more properties and in multiple states does add to the complexity of your tax return.
Krishan Khalsa
Newbie DIYer : Could use financing advice for first Fix up & Rent
16 October 2020 | 9 replies
So you’ll really want to feel comfortable with the refinance part of this transaction as the LTV tends to be about 75%, so you’ll need to ensure you gain that amount of equity with your renovations.