Rich Weese
New wave of foreclosures coming- Worse than first wave??!!
I've not been bullish on the market for sfrs lately as many of my posts have stated. I continue to be cautious. When everyone is jumping on any bandwagon, the wagon may overload and break down.
If you're buying ...
Nathan Waters
Profit and Loss Statement on Rental Properties.. Mortgage?
When you write up your profit and loss statement, how do you break down the mortgage? Is the interest, taxes and interest the only loss? I'm assuming principal is not written in the loss category even though it goes a...
Ryan Keenan
David Greene's method in podcast 327
Hey BP, I listened to podcast 327 a few times and trying to figure out what David Greene was talking about when he said he got a commercial line of credit for 500k and then bought a few houses, rehabbed them until the...
Julie Muse
Rolling Prairie Renovation Success: Profitable Flip with Ron Rowan!
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $160,000
Cash invested: $25,000
Sale price: $260,000
Contributors:
Peter Vekselman
Partner Driv...
Kyle R Vreeland
Searching for ways to boost credit score
Hi everybody! Recently I’ve been having trouble finding ways to improve my credit score in a timely fashion. My score is currently around 650 with limited lines of credit (student loan and 1 credit card) I haven’t not...
Daniel Kong
Max to draw from Line of Credit
If I were to open a line of credit for 15k, what would you (the community) suggest the max I draw at any given time? For some reason, it seems bad to pull the entire 15k all at once. (let's say I use 14k, and put 1k i...
Michael Nevarez
IN NEED OF A LOAN TO PAY PERMIT CITATIONS AND PERMIT COSTS
Came across citations for not pulling permits on electrical,plumbing,roofing and car port. As being a first timer in flipping a home I wasn’t aware of this. Now I want to make things right and fix this issues and pay ...
Reggie Rearden
401K loan for the investor with a w2 job
So i was wanting to take a 401k loan out last week. I kick myself in butt for not following my gut and not doing it since i lost several thousands, like everyone else, the past several days. I'm wanting to purchase S...
Gary Parilis
short-term loan from 401k for rehab
I'm investigating various options for short-term cash for rehabs. A loan for 401k looks like a good option. Any gotchas to worry about? Below are the rates charged in one of my accounts (Fidelity). As I understand it,...
Silvie Fojon
Looking for advice from realtor with conventional loan experience
Good afternoon all! I'd like some advice from a realtor in the South Florida area who has experience with homes that only qualify for Conventional financing and cash offers.