Does anyone do short sales in Maine? I just looked up the laws up there and they seem pretty strict. It's hard to tell but it looks like you have to have a license to do it and the qualifications for the license are...
OK so I am a total newbie and terrified with real estate investing mainly because everything seems to be such a drawn out process! Everyone has nightmares. Everyone has an opinion! I guess my main fear is just doing...
Hello everyone!I just made my account and am excited to become more involved on the forum. I've been listening to the podcasts for a couple weeks now and it is definitely making my commutes more enjoyable while teachi...
I must be missing something because I can't seem to figure out how people say that "take all their money back out" and invest it in another property. How do you qualify for another loan if you do a cash out refi or ta...
What should the percentage of the tenant's rent be to their income? Not sure if I even know how to ask the question properly. Sorry. I want to make sure the tenant can afford the rent. Should the tenant's rent be ...
So, i have been thinking about investing for the past 2 years now and haven't pulled the trigger yet. I just graduated from college and started my new job, and while i do not like it, it provides me with a good income...
Hi BP,Feeling anxious about doing a 1031 on a property in CA. We want to get out of the Berkeley rental market and are looking to diversify and get more cash flow. Our long term tenant is looking to move, finally. ...
Hi all- I am looking at a 14 unit property and here is a link to the listing. (http://www.loopnet.com/Listing/20404304/415-e-Magn...)This is more of an academic exercise as I am currently buying 3/2 SFRs, but I want t...
I don't understand how Dave Ramsey was screwed over so bad. He was young, had a lot of debt, but had about $1M in equity. He says the banks he went through were bought out and that the new owners wanted the debts paid...
Hey guys. I'm new to REI and am eager to get into a property while in graduate school. The problem is that I don't have a W2 income because I'm a full time student. I know that debt-to-income ratio is a major factor t...