Jan Styrczula
Investing with a friend
My buddy just approached me with an offer to invest with him in buying foreclosures, he is a GC and he has done house flipping before, he wants me to invest 30K-50K of my own money and use it to get a 6 month rehab lo...
Account Closed
rental had fire damage, can I fix myself instead of contracting out?
My insurance co sent me a check but it had my Lender's Name on it as well as mine. The mortgage company wants me to sign and send to them along w/ other paper work filled out; contractor's name, tax number and etc. ...
Aaron Lynn Brown
My first Flip!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $66,000
Cash invested: $30,000
Sale price: $169,000
I grew up next door to this property. It was originally hom...
Kyler J Sloan
Financing STR Renovation
I am going to close soon on my first STR rental property, but there is quite a bit that I would like to do to it before putting it on Airbnb. I was considering getting two project loans -- one for the materials, and o...
Walter Key
We're in a "Bizarre Market"...Thoughts on a Recent Article
National Association of Realtors Chief Economist Lawrence Yun recently wrote an article stating that we're in a "Bizarre Market" in which he stated "With a strong economy and the lowest unemployment rate since 2000, m...
Emilio Ramirez
Is Now the Right Time to Build a House?
We are all aware of the large inventory of already built homes available on the market out there.
But let's say that none of those leftover McMansions or Foreclosed homes suit your needs. Isn't right now the perfect ...
Josh Gardere
Is personal loan deductible if it’s used for house repairs?
One of my properties has been hit with some code violations since it’s a pretty old house. Approximately 50-70k will be needed to get it up to code. If I were to get a personal loan to pay for the these home repairs, ...
Jonn Molina
ADU is 50% project done. Need money to compete the project.
Im a General Construction in the area of Los Angeles. Due to Covid permits, material and labor cost has gone up therefore it's been a challenge to finish multiple ADU. These project are located in the area of South Ce...
Andreas Mueller
A Skeptical Dude's Market Insights - No Job, No Problem Loans Making a Comeback??
Welcome to A Skeptical Real Estate Dude my weekly post on market insights coming at you live from Nashville, TN. Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all y...
Jason Robinson
Financing a flip
Ok. So there is a house that I am investing in that has a lot of potential. It needs roughly 20,000 in renovation. I plan on using a HELOC for the 20% down and financing through a local mortgage company for the res...