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I'm a new realtor but I always thought that to pull solid comps on a subject property, you only looked at similar properties that had been sold or closed within the last 60 to 90 days, using a half-mile or so radius. ...
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With two va loans together how do you determine buying power when va loan has no cap? We are super fortunate to have the va loan and I want to ensure we utilize it to its full potential. I understand we can buy a four...
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Hi all!This morning I looked at what could be a potential BRRRR property but I'm concerned the rehab might be a little out of my depth. Some of the floors on the ground level were noticeably uneven. It's a two story a...
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So seasoning period is up and I'm refinancing at the end of the month. Appraisal came back and it's about 3-5k lower than expected. This could be the difference between paying something at closing or not having to. Lo...
Hi all,
I am new to investing, and am about to buy my first real estate investment. I am trying to figure out how to calculate my return (cash on cash?/after tax), and have had a couple different people tell me diff...
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When evaluating potential investment properties. What are your target number that make you say yes or no ? Min cash flow ? Must have a COC of ? I now we can’t just draw a line because each property is different bu...
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Hi!I’ve been actively looking for a property the past year. I started looking at condos and the past six months and have transitioned to looking at duplexes or SFH with ADUs. I am a very conservative person in terms o...
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Hi my name is Damon Drake I live in Detroit, MI and I became interested in real estate in mid 2014 after reading Rich Dad Poor Dad for the first time. It gave me the confidence to believe I could take control of my fi...
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I have an idea in my head and I am wondering what legal hoops I need to jump through to make it work/how to get started.How easy would it be to register for an LLC, seek out 50k-100k cash investors, have them transfer...
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Ok, I have been humbly reminded about how little I know...
I've had two of my first three phone leads ever over the last two days and I'm clueless with how to answer the question:
Seller: I'm facing foreclosure. How...