Lenna Groudan
Cash Purchases - Questions on refinancing (Pulling out Equity)
Hi, we are working on our "buy and hold" business plan and came up with a couple of questions related doing cash buys of residential properties followed by refinancing to pull equity out.We are planning to build a por...
Jordan Wagner
Sharp pencils 2.0 - Best advice for negotiating off market deals?
Hey all,So here is a fun one for you. I am looking into a 4-plex deal in Pennsylvania (a market I know a lot about) that is currently a rental property but after running a cash flow analysis on it, it has a lot of po...
Christine D.
Where to find people still interested in Colonial style homes?
I am currently trying to sell a single family home and keep hitting the same wall of feedback: Colonial is so out! However, if you take a look for yourself, the house is huge and sits on beautiful property just outsid...
Lane Mcdonald
Use saved cash to pay small debt or invest more?
I feel like the obvious answer to this question is to get rid of the debt, right? but the $7000 to pay off the vehicle will only save me about $600 in interest whereas investing that 7k into another home or renovation...
John Williams
Favorite 3 Improvements to add value and boost appraisal
I am doing a rehab project on a triplex. I have a small budget of $10-15k. However, if I had the money I could easily find uses for $30k in improvements (Debating between aesthetic and functional improvements). For ex...
Joshua Nowell
How to comp a property
I read a post on accurate comping. The author showed me how to make relative ARV comps(comparables) closer to the property I’m analyzing. He’d take three of the closest comps then find where the comps differ and incre...
Logan Hicks
New to Real Estate, lookin for guidance
Well Hi :)Subject Line pretty much says it all.I got my start in the military, received a lot of exceptional training in leadership and business suave. Moved on to defense contracting, and finally started my own busin...
Corey Kenney
What should I do with my first 50K?
I need to make a decision on what my first steps are going to be here. I am torn between buying a lower value property with cash or using a down payment and a hard money lender. The goal would be to have a smaller pro...
J. Pablo Fernández
I called the bank to get a mortgage, it was an odd experience
Hello,
I have a company, an LLC, that has owned a property for 5 years, which has been cashflowing for 5 years, and appreciated in value a lot during that time. I was using Bank of America as my bank, so they can see...
Account Closed
Newbie in Grand Rapids, MI - small apartment buildings
New investor looking for advice pertaining to small apartment buildings (5-10 units) near Grand Rapids, MI. What do I need to know about my first apartment building purchase? Or mistakes to look out for?What is the be...