Erik Fredriksen
First investment property
I am looking to buy my first investment property in Corpus Christi TX. I know with the interest rates high and home prices kind of high still. It defently not the best market for anyone. It kind of looks like it migh...
Walter Lee Bandy Jr
First one down! Thanks for all the help!
Investment Info:
Single-family residence buy & hold investment in Sherwood.
Purchase price: $52,000
Cash invested: $8,000
Contributors:
Rachel Fazio
This is a property I will be h...
Angela Mast
5/1 ARM Refinance (and sell the property within 5 years)
Has anyone refinanced a 30 year fixed mortgage into a 5/1 ARM? I'm thinking about doing this to significantly lower my payments for the short term. With a 5/1 ARM, the rate is fixed for 5 years (60 payments) and then ...
Jay Chekansky
Seller Finance Buyer Fails to Maintain Insurance - Proper Way to Bill Back for FPI?
Hey All,
I am seeking advice on the proper way to charge back my borrower on a seller finance deal in which the borrower has allowed the insurance to lapse. I have a force placed insurance policy now in place to cov...
Richard Rabineau
Checklist
I am putting together a checklist as to what I should have answered if this investment is good.
Does anyone have their checklist that would like to share?
Angelo Llamas
Taxes on a property that isn’t yet ins service
My cousin that I have been trying to get on BP has an interesting situation. He bought a home for himself in Lodi California but work in the Bay Area long story short he can’t deal with the commute anymore and decide ...
Adam Varone
Is this enough cash flow?
I became friendly with a builder who is willing to sell me his newly built condo at a “discounted rate”. He said he will be listing the property at 375k but will give it to me for 360k. My plan is to offer 370k with 1...
Scott E.
All Systems Go Jan 2014, Am I Missing Any Team Members?
Hi
It has been some time since I've posted and I actually completely refocused my efforts and interests in real estate investment. My partner and I are in the final stages of establishing our company. Our ini...
Alex Silang
How often can one realistically refinance?
What are the fees like?
Lets say you have 5k equity in the house you'd like to pull out. If it costs 2k to do it, it might not make sense.
Right now I am looking at how fast I can grow my business. Taki...
Alexander Harris
Land Trust - pertaining to LLC
I am looking into buying my first house (that is a multi family) with a VA Loan. my plan is in a year to put it under an LLC S-Corp. would it be beneficial to put it in a land trust as the llc for the beneficiary? Or...