Alex Corrales
A 50k Detroit home Fix & Flip!
14 September 2024 | 4 replies
Before & After What made you interested in investing in this type of deal?
Sam Tright
DSCR loans for wrap mortgages
21 September 2024 | 3 replies
Ideally this happens without any seasoning/payment history period, since I am reselling the house and lose title upon sale.
Patricia Andriolo-Bull
Post disappeared - VRBO Terms of Service
11 September 2024 | 21 replies
Found both interesting….
Barrett Dunigan
Upset Sale in Montgomery County, PA (with a side of intrigue)
10 September 2024 | 28 replies
I've been reading the forums a bit on the subject of Upset Sales in PA and thought I would try to tie several of the discussions together for the upcoming sale.
Lucia Lilac
Looking for R.E. Agent Rochester, NY
21 September 2024 | 1 reply
Agent who is experienced in working with R.E. investors (Buying & Selling), preferably someone who does this full time and is passionate and very knowledgeable in this business.
Gina Ventimiglia
New Agent with $5 Million Listing -Need Advice!
21 September 2024 | 4 replies
Being that the brokerage is small and new, and we are all mostly new agents, I don't have a large, experienced "team" to help find a buyer, so I am pretty much on my own trying to navigate the selling process of this home.
Brian Williams
Single Family residence buy and hold investment
14 September 2024 | 1 reply
What made you interested in investing in this type of deal?
Alfredo Cardenas
Total Rental Properties Losses
12 September 2024 | 10 replies
Lets just say that $50K has been carrying in losses from this particular property, this means (according to my CPA) that I can only offset $50K from the capital gain of the sale of this one property.
Angela Marquez
New to Orlando, FL and REI! Looking to network and learn.
9 September 2024 | 4 replies
My husband loves this saying, "You don't know what you don't know."
Faysal Alam
Which investment route to take?
13 September 2024 | 2 replies
So all in I am at $240,300 , hard money I am factoring in as 15% rate and since I’m borrowing 840k for let’s say 6 months , I’m factoring in hard money costs at 63k for 6 months So now all in I’m at $303,300 ARV should be at least $1.3 million (conservatively) I would cash out refi with a dscr loan and get back 975k , I would pay the $840k I owe to the hard money lenders , leaving me with 135k , and I would pay myself back with that money , and since I would have $303,300 invested , I would pay back 135k to myself leaving me with $168k invested in the house with a equity position of $325k , the actual house number are such after the cash out refinance: This house has 2 units and 3 accessory units Mortgage : $7100Heloc payment : $1300Total = $8400Live in 1st floor Rental income 2nd floor : $30003rd floor: $1500Accessory unit 1 :1200Accessory unit 2 $1200Income : $6900 Net : negative $1200I also already have a house that’s breaking even , but I’m living in one unit and if I move out that house would become positive $1500 which I can put toward the payment of one of the other houses .