Account Closed
Was told to use LLC but Financing is challenging
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
Kade T. Brunson
How can a college student, with very little money, get started?
I am a college student with only a couple thousand dollars in savings (and I do not have any student loans to pay off), but how could I start getting involved in real estate? I am studying for an engineering degree, s...
Jason Yablinsky
My First Rental Property (Pics)
Just purchased my first rental property... Just wanted to get some opinions on it. I think I'll be able to get about $700/mo no utilities included. I went with the single family unit in hopes of less hassle. It is ...
Maurice Boston
I bought two properties in the city of Detroit and I have had them for a little over 3 months now
I bought two property's in the city of Detroit and I have had them for a little over 3 months now and I was wanted to know the best way to sale or get money to fix and rent out then get a loan I'm stuck need to find s...
Tyler M.
Spreadsheet for Financial Life/Real Estate, My Situation, Advice?
This is a long post, but I figured I would post my situation and a decision I am trying to make along with a spreadsheet I made to track financial independence. See link below. You should be able to copy and paste int...
Mark Forest
Files too large
I have several houses now and my filing cabinets are getting a little stuffed. I have a separate accordion folder for each house. I keep the original purchase papers, receipts for repairs, credit reports for prospec...
Taylor Green
What repercussions does borrower have if foreclosed on by private
Hi,
I was wondering what the repercussions were for a fix and flipper (borrower) if they were to default on payments and get foreclosed on by their private money lender.
If the foreclosure process wer...
Marcial Pimentel
Wanted to say Thank You! And ask for some Katy "Need To Knows"
Dear Houston Real Estate forum members, I wanted to say hello and Thank You for all your information in your posts. I just recently decided to take serious action earlier this month after having listened to BP since t...
Kenneth Lim
Need Help Regarding CAP RATE
Hi guys, I read reports on real estate investing and there is something I do not understand. Please enlighten me. I saw something inside the report like CAP RATE 15.2% ....
What is
- The meaning of CAP RATE in laym...
Rashida Adekoya
Cris Chico - REI Vault
Hey, I received an email about Chis Chico's REI Vault program where for $1,500/month, you are provided with marketing, VA assistant, and a team of other RE investors to help you with your business. Sounds interesting ...