I often see these forums flooded with people asking questions that they really don't need to ask, as their questions are very much personalized to their specific situation.I will try my best to keep this as short and ...
I was recently talking with a client who mentioned his first hire for his fix and flip business was a full time buyer, but the most important role was the office coordinator. Just wondering if there any folks out the...
Anyone have experience with the seller carrying, say, 10% or so? I'd put 10% down while they carried another 10% Maybe you know where I can find more info on this? My main issue with this is curiosity of a typical ban...
Hello, I have been looking at rental properties in Memphis TN area. I have came across a possible property for my first Investment property. I was hoping to get some feedback if the numbers all Look good, This propert...
Hello all,I've been asked by a colleague if I had any interest in being a private $$ lender for a home flip in the Chicagoland area. I have no experience in this and I'm not even sure where to start to know how the pr...
Hi everyone!I recently had a bookkeeper from India, setup QBO for my 4 rentals. Properties are under a LLC with a partner and we have bought, made capital improvements, cash out refinanced. I feel things got a little...
Hello, Gurus!I got an interesting tenant application nowShe is from Puerto Rico, moved here about 3 months ago (to texas and has been staying with her friends for now). Her husband was killed in Iraq, so she is gettin...
Currently, I am saving to purchase my first STR. I'm hearing from most lenders that they require 20% down if the property is not considered a primary residence. Does anyone have any creative methods to obtain funding ...
My primary residence is a mother/daughter setup and I'm just about finished renovating the small "mother" section which is essentially a studio apartment with a private entrance, bathroom, and kitchen. We are going t...
So, I've come across 2-1- rate buydowns a few times recently. I understand the general concept of it don't really understand the mechanics of how it works. I was hoping someone could explain how you work this into a c...