Joshua Levasseur
$5000 EMD too much? Put some skin in the game!
We require a 5k EMD on each of our properties as it filters out those who have no ability or intention to close. Our serious buyers havent had a problem with this, but a few others did. With 5k EMD, you have skin in t...
Alan E.
Would you put off retirement saving to buy real estate?
Im finding myself faced with the decision to reduce 401k deposits in favor of putting aside money for a down payment on a primary residence so i can get a house faster. I currently live in an apartment.What are your t...
Austin Hughes
Should I Put My Name on Facebook Account for Marketing?
I've had a company controlled normal profile on facebook for 2 years. Growing the business the E-Myth way, I have tried to grow Thunder Sun Homes independent of my name. I want the business to have it's own identity, ...
Ryan Wilkerson
Fix and Flippers where would you put your marketing dollars?
Hi All,This question is for those who have flipped 4+ properties in the last 12 months. You have $12,000 (2k per month) for the next 6 months as a marketing budget. Where are you allocating the funds to get the phones...
Surya Kumar
Is putting 3% down a bad thing for rental properties?
I am looking to buy my first rental property and just started looking at mortgage rates from banks and credit unions. I saw Bank of America offering mortgages with only 3% down and without PMI. Is it a good thing to p...
Peter Schuyler
High Earned Income and putting money into Real Estate Business
If you have high earned income and can funnel some of the extra money into your passive real estate business to make repairs etc that supplements the passive cash flow, can you still write these expense of as business...
Account Closed
About to put fourplex under contract in NC. Some ?'s
This will be my first investment property.Seller does not want to use agents.So my question is what conditions should be in the contract as far as due diligence?I asked for 30 days DD and seller responded "no".This is...
Bryan P
thinking about putting an offer in, but a few questions
I found a nice cheap place relative to comps in the area, but it needs a lot of work (maybe $50,000). It's been on the market for one month and the bank has already lowered it's price. Now if I fix it up it's still ...
Minna Reid
Should I put money down if I don't have to?
I'm currently looking at 3-4 family homes in the 200-300k range to keep as rentals to get some cash flowing in. I have a few lenders who are offering me 100% stated income investment property loans. I can put 5% down,...
Ed Wood
Zillows putting in their 2 cents on 2014 market forecast
Even in Buyer's Market, Homeownership Expected to Decline