
27 December 2020 | 14 replies
Ask your broker if you could take over orphan leads from the brokerage of agents who have left.Good luck....suggest taking the prep review class before you take the test.

2 March 2021 | 1 reply
The stress test was also another factor making it harder for the bank to lend.Rather than locking away all that equity in the DP on a buy and hold, I am now interested in trying the BRRRR method; however, I am worried that during the refi the ARV will make it unsustainable to the bank if I cannot achieve the high rents they require to make the mortgage work under the stress test.I know there are lenders out there that would be easier to work with on a BRRRR, but the Big 5 bank rates are very attractive right now.Also, are there lenders out there that would finance the initial purchase and then allow for a refinance say, 6-months later after the renovation and tenants are in place?

20 June 2021 | 11 replies
hope it helps I have an onboarding call with StartEngine on Jan. 27, 2021, for another project doing a Testing the Water stage with them.

15 January 2021 | 13 replies
A conventional loan requires me to put at least 25% down for a 4-plex (owner-occupied or not), but with an FHA loan, one can put as little as 3.5% down (provided that it meets the FHA's self-sufficiency test).

3 January 2021 | 7 replies
Bad advice here would be dangerous, not unlike your profession.Here's some intro into RE Pro status:https://www.biggerpockets.com/blog/real-estate-professional-status-save-money-on-taxesHere're some old threads discussing how to select a tax expert:https://www.biggerpockets.com/forums/51/topics/795929-questions-to-ask-a-potential-accountanthttps://www.biggerpockets.com/forums/51/topics/792277-how-to-test-your-cpas-technical-competencehttps://www.biggerpockets.com/forums/51/topics/528033-must-ask-questions-when-interviewing-a-cpa

29 December 2020 | 15 replies
It only requires GFCI plugs within 6 feet of a water source.You can buy a GFCI plug-in testor for less than $10 at Home Depot:https://www.homedepot.com/p/Ga...Go buy one and do your own test to make sure they are all wired correctly.

25 May 2021 | 8 replies
Most (including me) freaked out a bit about this change but in the end, after doing the research and testing, no loss at all not using Zillow or Zillow related sites.

26 December 2020 | 0 replies
My understanding is, you need building plans and soil test to get your permit.
3 January 2021 | 34 replies
I just test drove an offer in Austin yesterday.

28 December 2020 | 4 replies
Found a 3BD/3BA 3200sqft cabin on 2+ acres in great condition, but in foreclosure and owned by Fannie Mae. It went to aution of course, and I have no idea what the bank is in the property for. It is listed for around ...