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I often get this question from clients who are saving for their down payment and other reserve accounts while they’re looking for the property. What do I do with the money in the meantime? Apart from putting it in a r...
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Good morning All. I am looking for opinions. We have been investors for years. Have never done a Joint Venture. I was asked by a new investor to possibly do so. They are bringing the project. (Decent, solid...
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I think this is the top 10. Interesting that the lowest and highest ends can experience notable gains.What do you think?Beverly Center: $1,280,000 (+65.9%)Toluca Lake: $894,500 (+55.6%)Pacific Palisades: $3,750,000 (+...
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Hello All,
Can anyone explain equity, the equity to loan ratio, and why it would be important to have a high equity as a buyer?
I'm understanding so far equity is how much a owner has paid towards their loan? So wou...
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I'm wondering what the response rate for professional typed letters are. Anyone have some numbers? I will be doing a test of typed and yellow letters and I want an idea of what to expect. Also, do you seal the envel...
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Hi Everyone,
I am interested in buying my first property. I am using a REA and he just sent me an email saying that the property is zoned commercial and FHA financing is not acceptable. I guess my question is, how do...
Sorry in advance if this isn’t the right category. I suck at picking them.My question is about splitting profits on a BRRR. My partner will be putting up the money to purchase a rehab. I will be doing the leg work. Af...
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Hello everyone!I am waiting to receive the documents recorded from the county since last August. I am getting impatient because the broker told me it would take between 3-4 weeks for the documents get recorded so I ca...
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Anyone have a bank or lender that can refi a home in Southern California without a seasoning period? I bought a super deal(thi but I am having a hard time getting someone to do a cash out refi that is not at HM rates....
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So I’m about to close on my first investment property in a week. I’ve looked around the forums and haven’t been able to find a clear answer to my question, although I feel I’ve just overlooked it. Is there a “rule of ...