My mother is retired and has ok credit (~700). I'm curious to hear from lenders on how hard it is for a retiree with ~$3K monthly income to get a HELOC? The property is a duplex and has approx value of $800K+, one un...
Does every bank issue a 1099, is it standard, can you do a deal and request the bank not to 1099 the homeowner.
Does it bother you in closing a deal that is short sale of say $100,000 that they are going to get hit w...
Hi! After 5 months of searching for a deal on LTR investment properties and lots of disappointments, I have locked in my first condo to rent. I have lots of information on next steps, but does not anyone have a cheat...
Hello,
I went to a REI club today, and was met by very nice people, but investors who apparently view wholesaling as an oddball activity, bordering on predatory. I have not done it yet, and am just getting started in ...
Is it money, is it knowledge, is it contacts, is it something else? I ask this because sometimes newbies don't have a clue. Here is an example, an investor was approached by a co-worker about doing some single famil...
I've been listening to the podcasts, I've ordered some books, I'm going for my Real Estate license and I'm talking to people about investing everywhere I go. It's the only thing on my mind these days. I want to take a...
What kind of cap rate compression are you seeing in your market?We are seeing year over year .75-100 bps of cap rate compression (prices going up) in several Midwest and Southeast markets that we are active in or are ...
Hello everyone. Recent events in my life have forced my hand to be a full time real estate investor whether I was ready or not. In February of this year I was officially diagnosed with Marfan Syndrome. This condition ...
I'm an investor in SoCal and when I'm not at work, I'm most likely researching real estate.
Recently, via CL, I began looking into what the going rental rates were in areas I purchase - simply out of curiosity. Oddl...
Considering putting in an offer for a 2/1 and 1/1 inlaw suite at a total of 1500sqft in the Tampa area. Asking price is $150k. I am fairly confident I can rent the 2/1 for $1200 and the 1/1 for $700. It is on a busy ...