Nick Graff
How to find decision maker on bankrupt bank deal
I found a vacant house and called the owner. She said she gave it back to back to the bank in lieu of foreclosure. I looked up the bank and they went bankrupt and are no longer in business.What happens to an REO house...
Tyler Dove
Own a condo & moving 10 hours away. Hold and rent? Sell and buy?
Hi all,
I'm currently living in Chilliwack, BC, just outside of Vancouver BC, Canada and I'm looking to move to Calgary AB within the next 3-6 months.
I currently own my own condo in a rental-friendly building. The...
Auria Styles
Trading Up to Multi-Family building. Advice needed.
Hi,I bought my first investment property many years ago and it has since tripled in value. I'm guessing I have about $700-800k in equity to play with. I've been looking at multi-unit investments and am wondering if I ...
Rick McGeeney
Can a newbie with recent bankruptcy to get started in REI?
Can a newbie with a recent bankruptcy and no money get started in REI? How does he/she get started? How do you find financing for your first deal? Lost a deal that could have been $2000+ a month in income, but coul...
Jack Sarcia
1031 Boot at closing?
Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
Nick Pederson
Getting Started - Loan Structure / HELOC for down Payment
Hello All,
My wife and I are just getting started in the real estate space and looking for advice on the lending side and how to structure our first loan. We are wanting to utilize our home equity to finance our fir...
Marc Shin
Should I finish the basement in a Duplex to increase STR Cashflow?
I found a duplex that is a 1/1 on each side. The basements on both sides are unfinished. I can finish both basements and turn both sides into a 2/2, and that would increase the STR cashflow by $700 per side. But i...
Kayla Wagenmann
Seller Financing in Minneapolis with no or low money down?
My partner and I have been considering purchasing a duplex as an investment for our first home. We moved back to Minneapolis last year after living in Los Angeles for 2 years. We have been renting for the past year at...
Jason L.
How can I get my second rental property?
I currently live in Amarillo, TX but I'm planning to move to DFW area within the next 3 to 6 months. I currently own my home in Amarillo but its up for sale and I recently bought a rental property in Fort Worth, TX i...
Bob Ross
When will a bank let you leverage past what your salary covers?
I’ve heard of hair dressers with hundreds of units in their portfolio. Obviously their business income will not cover The cost of all these mortgages.When will banks start approving you for more than what your job sal...