Account Closed
After a cash purchase, how soon can I cash out refinance equity?
Hello,
After a cash purchase of a property, how soon can I cash out refinance the equity? This home would be my primary residence by the way. The property is located in Maryland, in case there are any laws pertaining...
Jim Goebel
9% fees for Selling a House? Really?
Hi everyone. Wanting to not hijack the other thread about RE agents - we are going to be looking at selling 2x houses, one of which is an under-performing $100-150/mo cash flow house that we think we have something l...
Isaac S.
large multi refi...need help understanding Yield Maintenance
Hey BP!
Hope all are well and family and loved ones, too!
My question is regarding a refi/cash out on a multi tenant with 37 units, based on rent roll and comps, my loan broker and I estimate the LTV to be conservat...
Mike Harvey
Would you consider renting to this applicant?
I received a call from someone interested in renting one of my properties. My gut reaction is that I am not interested in renting to this person, but this is only my second property so my experience is limited. ...
Ervin Taylor
Can I terminate a lease, If I do not accept security deposit
I found a tenant for my single family home and everything was going smoothly. Once the lease was signed, there were a lot of problems that arose. I did not accept security deposit or first months rent and told the te...
Dwight Walker Jr
Marketing House under contract
What if I have found a motivated seller, and I have the property under contract, and I begin to market the property to end buyers. Let's say I have the property on my website, Craigslist, and the newspaper. And it ...
Kit Peery
Hi, I'm a new member from the San Jose area
Hello,My name is Kit Peery. I've recently moved to the San Jose area from Columbus, Ohio. I'm in the tech industry, but I'm going to transition to real estate investing over the long haul.I would love to network with...
Timothy J.
Flip #1 - 4/1 SFR in Blackwood, NJ
This flip is our first official one. We are going to close tomorrow. Here are the details.Address: XXXX Elmwood Ave, Blackwood, NJ 08012Description: 4 Bed, 1 Bath, 1382 Square Feet SFR. Purchase Price: $60KRepair Budg...
Mario L.
Hard Money Lender 101
Hello everyone!! I have been doing a lot of research lately of rental properties and mortgaging. I have read and watched videos on the concept of hard money lending. Can someone break down the idea of hard money lendi...
Monique R.
Could use some help w/ a wholesale situation
Hey everyone. My partner and I have a deal with a seller and we have an end buyer who is very eager to buy. He is ready to close ASAP. The seller with the option to purchase contract signed the contract, but will n...