Account Closed
Conventional Loan 25% down or attempt to spread Funds Out
I'm new to REI. Many of the podcasts and much advice says to get started and not to sit on the sidelines forever. I've made contact with a loan officer. I have very good credit and could get together a down payment an...
Joseph Hernandez
Minimum Profit Margin for a Flip
If you purchased a 1,300 sq. foot SFR that needed cosmetic repairs, how much $$$ below FMV would you pay? Also, if you really needed to flip a property, would you ever pay FMV? Thanks!
Chris Armistad
Land contracts
Hello BP,
Need some advise on how to properly fill out a land contract. Is the deposit amount required added to the sell price of the home when I'm trying to flip it. Any advise about this process would be greatly app...
Dusty Warner
Texas Flip costs (is this a good deal)
I went to my first REIA meeting the other day.... I was surprised to see that there were only 6 other people there.... The guy speaking was a wholesaler/flipper.... After about an hour of casual conversation about thi...
Jamiah James
My first fix and flip
I have a very good deal I think. I've been working with a realtor and an appraiser about this property here in Florida. It's a 3 bed 2 bath, about 1400 square feet. Built in 1959 and the list price is 67500. Comps in ...
Adam Eckhoff
Section 8 - What's the catch? (Out-of-State Investing)
Hello Everyone,Hypothetically speaking, let's say you accrued an amount of $100,000 and you have the goal to invest in real estate. That being said, is it as easy as buying 5 to 10 $50k to $100k properties in Central ...
Ananth Subramanian
Advice needed: Problematic tenant moving out!?
Hi Everyone, the last one month has been the most stressful in my life as I have to deal with a problematic tenant. These people were not on time when it comes to paying rent and have several thousand dollars due incl...
Allison Panila
Landlord changed the contract after signed
Hey everyone, I was talking to a friend of mine who’s renting a basement apartment from the landlord who lives upstairs. There’s a separate entrance to the apartment. What I found odd is that the landlord wrote into ...
Spencer Clark
Will Housing be "the Biggest Business Story of the next 5 Years"?
The Washington Post published an article from an outside contributor (and investor), Conor Sen, claiming that while software was the biggest business story of the last five years, housing will rule the next five years...
Sharon Tippett
Can you really get started with no money and bad credit ?
I keep seeing these Investors advertizing that you can start wholesaling/ rehabbing with NO money and/ or bad credit ? I don't want to pay for these courses only to use up what money I do have to line their pockets. T...