Dion DePaoli
Wrapping a FHA Mortgage
It is almost daily that I see a new question or concern about Wraps and Sub2 here. It got me wondering just how many folks are aware of outcomes of some of those practices really are. It also begs the question, just...
Juan Diaz
Why Building/Developing is Better Than Flipping These Days
Just thought I’d share some of my experiences with you all in the San Francisco market. The big, HUGE take-away that I’m getting from my experience over the last year and a half is that there is absolutely no money in...
Sherry Byrne
Plans for Dodd Frank?
I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...
Ian Livaich
Separating Out Heat (HVAC Advice Needed)
I am heavily considering submitting an offer on a triplex (2500 sq. ft.) in New Jersey as my first investment property. This would be a BRRR deal. I am looking for insight and expertise with the HVAC system, because...
Tony Marcelle
Private lender fraud
What is the easiest way to tell if a private lender is a fraud? I have one private lender who keeps contacting me about offering private loans. He says his name is Bryan Chambers from Chambers Financial located at Rat...
Patrick Saco
Starting a Commercial Mortgage Broker Service
Hello. I was wondering what the best route would be to get this type of business up and running. I've never worked as a Real Estate Agent, I am not licensed. I've contemplated becoming a Commercial Agent, but can't re...
Paul Clements
Tax question on selling principal residence
Hello,I've lived in a home for 20 years (it's a 50 year old, 1200 sq ft modular home that has very dated decor, drop ceiling, and in fair condition) and it's currently listed for sale. It's paid off. I have an offer f...
Patrick Thomas Dickinson
200k and a very low dti what would you buy and why
I have 200000k for a down payment and the ability to get around another 400000k in lending from a lender I own 2 single family homes, 1 in California and one in Texas there both newer and knock on wood don’t give me...
Nathan Gesner
AirBnB mandates new COVID safety measures
What do you think if the new requirements instituted by AirBnB? I thought AirBnB was a marketing platform, but they apparently see themselves as much more, with the ability to dictate how I manage my own property. I'l...
Robert D.
notes in Chicago, IL
lets say in 2006 somebody bought a house for 200K (Chicago, IL). it appraised back than and the note was signed, mortgage was recorded. Then the note was assigned several times. Now the house is worth around 20k in as...