Lyle McCartee
I need some advice and guidance on MONEY!!
(PLEASE FORGIVE THE BEGINNING RANT), but BANKS SUCK!!!!!! I now fully understand why most investors and independent business owners despise doing business with banks. THANK YOU WALL STREET and CAPITOL HILL (Cir. 2008 ...
Saurabh Gangwar
I am broke , what to do next
From last two years i was in real state business , i earned huge profits in begining so to invest more i picked up large amount of money from market at 20% annual interest and invested all in real estate and just aft...
Allison Karrels
How much Cap Ex Reserves do you have?
Right now I am in contract to purchase my 6th rental SFH. I have been putting aside $100/month/property for a while now and have about $10,000 sitting in a cap ex reserves savings account so that I am prepared for th...
Brian Whelan
analyzing a short sale
I'm analyzing a short sale opportunity in a NY college town. I haven't dealt with one before and have been reading about how they can end up a painstakingly slow process!I was thinking it be a smart idea to reach out ...
Chad S.
Down Payment Insights on the Chicago Market
Hi everyone,We are looking for guidance about our first home/investment property. Our lease for our apartment is up in April, so we would like to have enough saved for a down payment by then. As mentioned in a previou...
Ekaterina A Khayrulina
What is fair distribution of a profit from a flip deal.
Hello everyone! Working on my first fix and flip deal with a partner. He brought a deal (through his contractor). I brought an investor who finances the cash we need for downpayment/closing cost (at a low rate of 8% o...
Louis Walthall
Forming an LLC and trouble with lending
So here is the scenario. We own 4 properties. The one we live in. I own 2 rental SF homes and my girlfriend owns 1 SF home that we rent. We are looking to form an LLC for any future rental properties. Together we...
Diane Fetters
Condo-Rent or Sell
Hi all. I'm new here and there seems to be wealth of intelligent advice on this site! My husband owns a condo that we both live in. We are trying to sell it, but it would most likely require a cash buyer or a sl...
Justin D Schwartz
Credit Problems?
Liz Weston: The best ways to build credit nowNEW YORK – Oct. 18, 2016 – Once, building credit meant taking on debt – sometimes expensive debt like a car loan or a credit card with a high rate.Today, it's possible to ...
Rick Howell
4 Sources of Capital For You
The first step of any real estate deal is securing financing. Any grand real estate plans you have are based on your available capital. It will directly impact the market you choose, the purchase price, repair budget ...