Ric Ernst
Refinancing hurdles on a recent cash purchase in an entity
I closed on an Indianapolis SFR a month ago, did an extensive rehab and have a tenant moving in this week. So far, so good! I put $52k total into it and the ARV is around $80k so I figured it should be pretty simple t...
Matt Pfefferlen
Foreclosure / BK Automatic Stay
I am interested in buying a foreclosure at auction which has been postponed a few days due to BK. The homeowner has a case open still, but the automatic stay was lifted on a motion by the bank. Additionally, the ho...
Joseph Johnson
VA Loan, Land Loan?, New Construction Loan?, Modular Fourplex
Hello all! I am not an investor, ....yet. Here is my (partial) plan to become one. Please help me fill in the gaps. I will have a VA Loan benefit in the 4th quarter of this year. I want to use that to purchase a fo...
Joe S.
Small amount asset based loans/mortgages
So what are the buyers doing that are buying properties in the 50 K and under range? For example just earlier someone made a post saying that you could buy properties in Detroit Michigan 45k that would rent 850. I’m n...
Sachet Hegde
Need advice on having title on LLC but mortage on individual name.
I am buying a new construction for investment purpose and would like to have the title on my LLC. However, I would be taking an investment property mortgage(Not a commercial mortgage on LLC) with 25% down. Lender is s...
Peter Melito
heating season
I am trying to find a thermostat with a pin code that needs to be entered in order to adjust the temp. I have a rental where I pay the heat. Someone also told me to use something called heatstopper which can preven...
Brigg Backer
National REI insurance
Has anybody used National REI insurance for a multi family property? Looking to insure a fourplex with a purchase price of $325k about 3000 fsf and the quotes are all coming back around $4k/year. REI is about $16...
Chase Gochnauer
Do you use depreciation savings in your pro forma?
Hey guys,I have about 55 rentals but most are smaller units. Typically on my pro formas I don't figure in depreciation tax savings. I am pulling the trigger on a much larger complex, though, and the depreciation expen...
Lian Chavda
We all got to start somewhere, right?! From Seattle, WA
Hello, fellow investors!My name is Lian Chavda. I am a male at 26 years of age. Currently, my profession is in the medical field as I am a medical assistant for a well known Sports Medicine Clinic. The work I do is gr...
Tammy R.
Hello, Found this forum and thought I best introduce myself!
I've already started posting, didn't realize there was a forum to introduce ourselves.
My name is Tammy, and I am an investor from La Habra, CA, but I invest in Los Angeles, Orange, San Bernardino and Riverside count...