Joe Pearson
No Reserve + Need Tenant to Afford Mortgage = Too much risk?
So, I'm planning on purchasing a duplex or triplex within Manchester, NH, but my fiancee and I can only afford an FHA Loan 3.5% down and 4.85% interest, 30 yr mortgage, and that will leave us with practically no reser...
Idris Haroon
HELP!!! My financial advisor said I'm over leveraged
So I just got off the phone with my financial advisor and he said I'm doing well but he's concerned I'm over leveraged on real estate. He's concerned that if we experience another recession that I will be stuck holdin...
Account Closed
Frustrations With RE Investing
Hi everyone!Some quick background info on me. I've been involved with REI since I was a child through my dad. He's a very successful real estate developer here in California and over the past 20 years, he's developed ...
Joanna Schutte
Do Hard Money company, reviews?
Hello & thank you for the help! I am a newbie looking to do my first deal. I have very little capital with which to work & I am looking at hard money lenders- specifically the company Do Hard Money.I found the...
Dennis M.
Disabled tenants in the hood
How many of you investors that invest in c and d areas are blown away by how many folks in the area are on disability ? I guess I always knew there was a lot of people in these are with Mental issues and that fraud w...
Account Closed
Vice President Harris Announces Economic Agenda
Vice President Harris is expected to announce her plans at a rally on Friday. According to Forbes, it will focus on creating more affordable housing. Some of the finer points that I can see are $25,000 in down payment...
Kyle Robertson
I need to hear “I quit my job!” stories, please!
Hey y’all. I’m standing on the edge of the cliff of quitting my W2 job and I’m wondering if I can fly. I’m at a point now that many have been in before. I’ve been miserable for years in my career. Instead of letti...
Alex Silang
"Biggest mistake" was to do out-of-state turnkey investing
So I'm in the process of looking at turnkey investing. I even made a post about it on BP but it didn't get many responses. A blogger I follow is "FIfighter". He's pretty reputable in the financial independence blogosp...
Meryl McElwain
Wholesaling-how exactly does it work?
I recently heard a remarkable story of a wholesaler claiming they picked up a house for 32,000 and then turned around and flipped it to a contractor for 54,000 within a span of 10 days.
The story is true; which leads...
Laura Williams
I lose $20k/year - help me w/ my strategy!
Sooo I have three houses that are all former primary residences that are now rentals. None of the homes were bought with the intention to rent them out, so the sale price and mortgages weren't optimized to be rentals....