Elena Casey
URGENT ANALYSIS HELP!!!
Good morning,
I'm in analysis paralysis on pulling the trigger on my first two-unit investment property. Could you please help figure this out before I put in an offer this morning? Location is great for kids. 2 3-r...
Camille Joos-Visconti
Los Angeles rent control laws & a problem inherited tenant!
We bought a duplex last January & inherited a tenant. It’s a duplex lot but has 2 houses on it. I’ve had nothing but trouble with this tenant. They pay their rent on time. When purchasing the property, there was n...
Dewayne Hopewell
How much money should I save before buying my First property?
21yr old college student currently working and saving my money to invest in my first property. Still learning and trying to network I’m Pennsylvania. How much money is “enough” to put down for your first property? How...
David Robertson
Rehab- Business Accounting Questions
I am currently looking for my first rehab project and had some questions on the accounting process. I am assuming that I will need to track the amount of money used for the repairs, holding costs, realtor fees, etc i...
Brian Osgood
Short sale done, received letter from attorney
Hello all,
So I'm looking for some advice here. My house was sold as a short sale, we closed on 11/4/09 and there was a first (Washington Mutual, now Chase) and second (Citimortgage) lienholder involved. I recently...
Tom Medwin
Can do the deal with FHA End Buyer BUT....
....the lender is telling me I can't make more than 20% in the deal. They know there is a waiver for that but they don't have investors who will buy their loan if they do that. Sooooo, should I:
A) Forget about the...
Marc M.
Can Banks Buy Their Bad Debt At A Discount?
Hello BPers,I am somewhat new to foreclosure investing...I've bought at county-tax foreclosure auctions, but haven't purchased anything from a bank yet.I've started attending weekly mortgage foreclosure auctions at th...
William B.
Single Flip Blues - How do I grow?
Hello All,
The Good News:
Over the past six weeks, I've spent 12+ hours a day for six/seven days a week to get another flip from start to finish. We hit the market in Houston last Friday and as of a few days ago, ...
Grant P.
Is the 2% rule possible with houses I actually want to own in my market
My big dilemma is the 2% rule. I see and hear everyone talking about it, and I am jealous of the ROI they are getting, but I have a few issues with it.
1. I really don't see this being possible in my market, not wit...
Siye Baker
Rich Weese from Janitor to Multi-Millionaire(Review)
I have entered a knowledge-consumption stage, and due to there only being so many hours in the day, I must be efficient with my time. I have read perhaps a dozen RE books, with each of them saying more or less the ...