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...
Account Closed
Buying near a University
Hi all,I'm new to REI and I am considering purchasing a multifamily property with an FHA loan. I am not sure what location I should be looking in, but there is a local university here. What would be a better investmen...
Brandon G.
One FHA Loan For Each Spouse?
Sometime this year, my wife and I plan to get a primary residence using an FHA loan. After we live there a year or two we plan buy a new home and rent that house out. From what we've read, FHA loans are great for peop...
Sebastien Beauboeuf
*Complicated FHA VS HomePossible situation* Need help!
My gf and I are in a situation where we have the option to choose between FHA or HomePossible. In either cases we would be putting 10% down and planning on refinancing out of mortgage insurance in about 2 years, after...