Nicholas Flores
Condo or Small Multifamily NYC House Hack?
Good evening everyone!My name is Nicholas Flores, my wife Sonia and I are from the Washington DC area but I have been recently offered a position to relocate to NYC. My wife and I are deciding on whether to buy a cond...
Ethan Neumann
Wholesaling VS Syndication
I am running a wholesaling operation right now generating about 20-30k a month. However, with three partners, we're doing all the work ourselves besides one VA. I'm making the jump to multifamily and want to go all in...
Renee R.
Multiple unrelated singles in duplex
I inherited tenants when I bought a duplex last Oct. One unit has three unrelated singles who share the rent equally, pay with one check and are all three on the lease. All was well until recently when one decided to ...
Adam Pervez
How much earnest money for a duplex?
Hello,I am working on getting an offer in for a duplex for a potential house hack. I have run into a scenario where a friend of mine who is a real estate investor who is doing well recommend me to put down a good amou...
Philip L.
Security Deposit Rules
I understand that the security deposit needs to be in a regulated financial institution account - I currently put them into my company's chase business savings account - is this good enough or are we required to open ...
Account Closed
Trustee Sale Insanity
Recently, I held a $35k 2nd against a house in East Palo Alto CA that had a $230k (+ over $20k arrears) 1st. I estimated the house to be worth somewhere in the low $300k's, Zillow has it today at $373k, eappraisal...
Quincy Miranda
Wholesale Foreclosure with no equity
Hi Everyone! I am new to real estate investing and I have jumped into wholesaling. I sent out my first set of mailers a week ago and received my first call! The seller is very motivated and he wants to save his credit...
Jose Rocha
Purchasing a cabin as a STR
Hey everyone! My wife and I are planning to purchase a cabin in Big Bear, CA and use it as a STR on Airbnb and a vacation home. Would it be smart to use the extra cash flow after paying the mortgage to go to the princ...
Kelly N.
How much cash to keep in reserve?
Hello all,
We are just staring out, closed on our first rental property in January and waiting to close the second. Our plan for the the first year was to purchase two cashflowing properties, then use the cashflow ...
Robert Mitchener
Cleveland Ohio, A New Person
My name is Robert Mitchener, and I've been looking into real estate for a few months off and on, and in too many places to be honest. I've contacted multiple traditional lenders for information, and requested funding ...