Ruben Parra
The great California vs Out-of-State debate
Hi BP members!This is just my second post and it feels great to have received such good feedback and support.Since I don't usually carry around $100K in cash, my southern California backyard market can seem a little i...
Account Closed
Realtors loaning commission @ 2.25% rate post closing 2nd mtg
Anyone ever heard of Realtors loaning the commission @ 2.25% interest rate as a Cash Out 2nd mortgage above 97% CLTV post closing? Example: 500,000 purchase x 3% $15,000 commission- 5,000 for tax realtor has t...
Susan O.
Los Angeles Tenants "Union" - Universal Rent Control
I was recently in Los Angeles and I saw all sort of posters in Korea town - which has a lot of hard working people who have brought it up from the 90s -- LA riots, slums, etc. There are posters that say "Housing is a ...
Will F.
Investing in Las Vegas?
I've brought this up before. About a year ago I was looking at apartments in Las Vegas to purchase, but most of the replies I got were that the market is too pessimistic.
I was looking to buy and hold for 5-10+ ye...
Account Closed
$30,000 homes
So I'm from Los Angeles and thinking about investing out of state in the near furure. Just looking around on realtor.com I'm amazed to see homes listed at as low as $30,000 this has me wondering, can one finance these...
Mike Williams
What would you do with $100k?
Hello all!
I did join the pro membership but decided to post this question here since I’m new to Real Estate investing.
So my question is this, if you had $100k to get started, and your goal was to get to $4k per ...
Traver Freeman
San Diego, CA Newbie
Hello everyone. My name is Traver Freeman, I'm new here and I live in San Diego. I did a quick search and there seems to be lots of new folks from San Diego in the past few months. So hello from another one!My wife an...
Sean Starkey
Short term rental location which one to choose?
I just got approved for a 180k HELOC and I am looking to start buying STRs. I currently live in orange county CA and am looking at the Smoky mountains and Joshua tree. How do I make the most out of my 180k? Which mark...
Andrew Wong
How is Fresno's market?
Hi BPer's of Fresno!I'm starting out in my journey in REI and am looking at several markets. I'm currently residing in San Jose, CA. As you guys know the state of affairs, I'd rather not invest in that area since it d...
Brian V.
Is it an insult to make an offer based on the income?
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...