5 October 2015 | 7 replies
In this game we are targeting properties.... but we are also targeting unsophisticated sellers.
7 October 2015 | 7 replies
@Marvin Meng - that maxim about "If it's a real deal, you won't have trouble finding money" primarily applies to wholesalers who are trying to sell properties to investors by assigning the contract (it needs to be a real deal for the investor - if it is, someone will buy it) and to situations where you are partnering or syndicating (bringing on other investors as part owners) where you have an established track record and a good deal that people will be willing to buy into.Starting out to buy and hold or flip- you need your own capital OR you can borrow from 401k (cheapest) or credit cards (some are cheap or can be kept that way by rotating through various low interest deals) or you can borrow from family and friends and make it worth their while OR you can look for seller finance deals.
3 October 2015 | 11 replies
It seems like this ties back to establishing relationships.
3 October 2015 | 4 replies
But don't play games with me because I will out game a newbie every time.
2 October 2015 | 0 replies
Relocation -A borrower may be eligible to obtain another FHA-insured mortgage without being required to sell an existing property covered by an FHA-insured mortgage if the borrower is:Relocating or has relocated for an employment related reason, andEstablishing or has established a new principal residence in an area more like than 100 miles from the borrower’s current primary residence.If the borrower moves back to the original area, the borrower is not required to live in the original house and may obtain a new FHA-insured mortgage on a new principal residence.
19 October 2015 | 47 replies
To me, this is what it means to be a truly professional RE investor, as opposed to a gambler ... not saying that I'm 100% there yet, but this is the end game for me at least.
8 October 2015 | 33 replies
All three go hand in hand, you can't simply select one or two aspects and play the game without being called out by authorities.
19 October 2015 | 36 replies
But again, I'm just a kid, and I'm sure people who have been in this game a lot longer in SoCal than I have (like @Matt R. and @Steve Short above) can give some better advice.Thanks for sharing your purchase Logan.
4 October 2015 | 5 replies
If she called a towing company, they would most likely not respond.Your best bet is to establish clear parking rules in your rental agreement and enforce them.
5 October 2015 | 7 replies
The landlord should be concerned, because your roommate has established residency in his unit and is now therefore a tenant of the landlord.