Rosston Smith
Could you please explain the FHA loan?
Hello! Could you please explain the FHA loan and the benefits of it concerning starting invested with a small amount of capital (20k)?Thanks! I appreciate it.
Desirae Putzier
Seeking seasoned wholesaler to mentor/explain process
Hi there, I am just starting out in the investing world and have decided to do wholesaling for a while so that I can build capitol. I know bits and pieces of the process, however I really need someone to thoroughly ex...
Jack Michael Ineson
Can someone please explain wholesaling to me?
So I have been very interested in getting into real estate. I was told that wholesaling would be a good first step with the amount of money I have at my disposal. Could someone please explain how wholesaling works, or...
Joey Gorombey
Please Explain Preapproval as if I'm Five
Hi all,
Could someone please explain to me what pre-approval really is? I have a pre-approval notice, and I'm not sure what the legalities of sending it out to agents or exposing it are. Is it designed to be shown to...
Sarkis Boyadzhyan
Can anyone explain the concept of BRRRR?
Made up example:(Using a private lender)Purchase price= $60,000Repairs= $15,000Closing costs= $4,000ARV= $120,000Loan amount after refinance @ 75% LTV= $90,000Closing costs/interest after refinance= $6,000What was the...
Breelon Bryant
Someone explain what VENDOR TAKE BACK is!!
What is VTB? Does it trigger due on sale? Does the home have to be “free and clear” to do this? Will the bank allow this if there is a mortgage already on the home? Asking from a buyers perspective
Dimas Espejo
May someone Briefly explain Capital Gain Taxes
I own a home in Central Florida near Orlando, and have lived there for 5 years. This year I rented out that home and moved to Southwest Florida where I am currently renting. I plan on selling the house in Central Flor...
Rob Bergeron
The BRRRR Model Explained by a Louivillian
The BRRRR model is a real estate investing strategy that stands for "Buy, Rehab, Rent, Refinance, Repeat." It's a way to build a portfolio of rental properties and generate passive income in any economy, and it can be...
Gabriel A.
Financing types explained Senior Debt/Mezzanine/Structured
I am applying for a loan on a crowdfunding site (RealityShares to be exact) to finance a home I'm interested in. I want to do a BRRR to the property so the loan will cover the cost of the home along with the rehab cos...
Eric Denson
Please explain owner financing for my situation...
I was wondering if someone could explain in detail how to owner finance this property. I've got great credit, job security and 25% down on a 67k purchase price for a 4-plex in rural Alabama. The problem is I can't g...