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I typically buy houses worth 110-140K for 65-80K (cash) and then spend 8-15K on rehab before renting the out for 1150-1250/month. When I cash out refi. I end up have to pay $4k in closing costs on a 80-90K loan. Is th...
so, couple months ago i settled multiple unsecured credit cards and now finally they are reporting as closed (by the consumer) and settled (for the amount agreed; a few say for less than the full amount, though).my fi...
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Is there a way to easily use Quickbooks to track expenses for a specific rehab project (flip) against an initial budget?Let's say at the beginning of a new rehab project I have estimated amounts for the labor costs, m...
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looking for feedback on what people have found to be the best lead generator. the local newspaper here seems expensive and is flooded with we buy ads...thinking about the thrifty nickel or some of the smaller rogue ne...
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I was recently contacted by a small moving company who wants space to park their trucks. I'm not sure where to start and I havent been able to find much information online. The vacant land im leasing is 1/2 acre, no r...
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I've read Fannie Mae guideline on this, but am recently confused after speaking with a few lenders. According to the DFE on Cash Out Refi, if a property is purchased in cash;1.) 6 month seasoning period is not require...
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We will usually get 1 or 2 projects a day from sponsors or brokers asking whether we can get their construction projects financed.We usually subject the project to a quick quantitative analysis to determine whether we...
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If you knew what you know about real estate investing, what would you have done differently when you first began? What mistakes did you make early in your career?
I am a college student interested in real estate inv...
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I recently closed on a duplex with an inherited tenant. The date of closing was Dec 20. At the closing table I received the rest of December’s rent from the previous owner. Later I find out from the tenant that the te...