Dan ODonnell
Investing in a flip, help!
Hey there everybody I am hoping some of you can help me out with your knowledge. I have been saving up money to invest into a property with my uncle who buys and flips condos and houses. We are at a disagreement that ...
Al Maple
24 y/o Agent wants to get into Development
Hi everyone, I've been a "ghost" member for a few years soaking up as much knowledge as I can from the experienced members.I'm 24 years old and have been a licensed agent for 3 years. I was able to build my network of...
Chris Lawlor
Seller Financing 101??? Help
Hi FolksWould appreciate your help and advice. We are looking into engaging with a seller that is know to the family. We would like to suggest a seller financing situation to them. The property is one side of a duplex...
Blaine Baker
Difference between "double-closing" and "assigning"
Hi, i was going through some old forums and someone in the comments said...... "As far as actually closing on the property, since you're dealing directly with the seller you can either assign the contract, or use a tr...
Eric Knapp
Understanding DTI requirements
It is my understanding that to qualify for a conventional mortgage, banks generally have a 28/36 DTI limit, where front-end value of 28% is based on PITI, and back-end value of 36% based on total revolving debt.
Firs...
Franky Davis
How to make the decision to hire a personal assistant!!!
Hello everyone! I hope you all are doing well. It’s been a while since I posted. However, I’m sort of at a standstill in my real estate career. I’m a full time orthopedic surgeon at this time. Over the past two years ...
Allan Kyariga
Is this a fair deal?
Hey guys so basically I’ve locked down my first piece of property and it is a home run deal. It’s a new construction project of 8 homes I got at an auction in Saint Paul, Minnesota. An extremely experienced developer ...
Robert Wilson
Cold Calling general Q&A
Hey guys! I've been cold calling ever since I got into wholesaling, and I've been pretty satisfied with the leads and deals I've been able to create through this marketing channel. Does anyone else here cold call? If ...
Ernesto Hernandez
2 Questions about DTI. Rental Income. Threshold for future.
Hey everyone, I have a couple of questions as it relates to DTI. FIrst, I personally rent about 2 hours away from a property my mom lives in and pays the mortgage payment on though I don’t technically claim it as a re...
Rick Martin
You Can 1031 Exchange into an Apartment Syndication
The 1031 exchange has been a powerful vehicle for real estate investors to defer capital gains taxes. It has always seemed like the way to go, but I had this opportunity back in 2015, and even then, the time restricti...