Bryan Miller
Borrower about to loose house - Creative Financing Ideas Needed
So I received a call for help on this scenario. Trying to figure out how it could work. Borrower faces foreclosure sale next week. He needs $19,000 to bring his first position loan current. He is living in the ho...
Yosef Fares
Diary of a newbie getting started in the Flip game- Fresno, Ca
I wanted to start this topic just in case there are any other newbies going through the same start as I am. That's just educating yourself for your first flip and trying to figure out how to the finance the first deal...
Account Closed
HELOC to replace my current mortgage
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
John Jabson
Debt to GDP...
I know some of you don't like political discussions but they directly apply to money, so it's relevant.
I don't care about whether or not you believe in "stimulation" economics or whatever. I don't care if you want ...
Bea Leichliter
anyone live through the 08 crash with a 4plex in their portfolio?
Hi all,I am a real estate agent and a new multifamily investor. I have 1 4plex purchased last August cash flowing at about $1000/mo and a SFH rental which funded the multifamily and breaks even. We are working on ou...
Tracey Corea
Sell and 1031 exchange to a better market, or hold?
My current tenant is buying a home and vacating in 3 weeks. I’m weighing whether to sell and 1031 exchange into a different market, or stay the course and get a HELOC in place as soon as we turn it over (in preparatio...
Nate S.
Need some advice on VA home loan
I just got out of the army, I just inherited my mother's house. I would like to use a VA home loan on my own house when the Hamp incentive is done with but I have to live there for another x amount months. Yet the thi...
Jeshua J Snyder
Any help for a newbie wanting to start off a real estate adventure.
Hey all, My name is Jeshua, to get right down to it I am a 19 year old about to turn 20, ever since I was about 13-14 and I learned of the concept of rent and landlords I had wanted to be a landlord cause it sounded c...
Nicholas Armstrong
203(k) help!
Hey guys!
I've found a lovely duplex in my area (just outside the Birmingham AL area) It is in a B neighborhood and it is listed at 30k. I am considering house hacking this property. But it needs a lot of work and I ...
Sean Ray
Am I Crazy? The 1% Rule seems impossible in Dallas. Am I wrong??
I look up deals all the time in Dallas and I have found properties that can cash flow but renting a home for 1% of the purchase price seems nuts. That would mean you buy a decent place for $100sqft and rent it for $1s...