Menachem Krasnjanski
LOI before securing financing
My team is working on a deal and my partner and I have different perspectives on when to give a LOI. I want to give it before we secure financing to show the seller that we're serious. My partner wants to wait to secu...
Account Closed
Las Vegas housing trend
The house prices under 300k in Las Vegas areas have been up every month.
On MLS, I see some properties in an area have $3k or $5k increases monthly last few months.
Multiple offers, sold prices are $10k over ask...
Christopher Blanco
Help with financing sources, next steps
I am very new to REI, my experience is the following (its all personal...so I am trying to see if that can be leveraged):purchased my first home in 2001 for $125,000 did a rehab (about 15K) and sold it 3 years later f...
Ricky Reese
HELOC for down payment
Hey BP community, I have read a few forums about the importance of a HELOC. I understand they can be very useful if used responsibly. For my current situation, I use conventional financing. The typical 20% down and 30...
Josh Duncan
Thoughts on 401K loans
Hello all, I'm working on trying to grow my rental business and looking at different avenues for funding. My situation currently is I have 1 SFH rental that is owned by my LLC and doing well, and also I'm doing a liv...
Beth Crosby
Need some suggestions- STR Joint Venture
I'm going to try to keep the short so, if I miss any details because of the shortness, please let me know.
I own 5 lots on the Gulf Coast of Mississippi. 3 are empty , 1 has a home and is a STR (does very well), th...
Hemal Patel
Inconsistency in sq ft area b/w county tax and appraisal records
Hello experts,
We are under contract for a SFH that's posted as 2380 sq. ft. The tax documents recorded in the county also states this as 2380 sq ft. However, in the appraisal report, the appraiser, who went in perso...
Michael Hartman
Cliché Intro Post
Hi all, my name is Mike and I'm looking to diversify my income stream via real estate investing. I currently reside in northeast Philadelphia with my lady and 15 month old daughter. I work in the carpenters' union and...
Brandi Vigil
Working as a realtor and a wholesaler
Have you been successful working as a wholesaler and realtor in your local market? I would love to connect and hear your story and how you make it work. Thank you!
Jason Ligon
HUD home passing inspection
My wife and I have been looking at houses for about 3-4 months now. This will be our first house and we've been approved for an FHA 203(b) loan. It's been a rollercoaster process for us. We've found 2 houses we ...