Edward Rangel
Insurance Question !!! I'm little confused
I'm 23 and live in Illinois So I own 1 house and going to buy this 4 unit building with fha loan.I bought my first house with a conventional loan. Okay my question is if I am going to rent out the building. Do I nee...
David Hicks
401K and Cash-Flow Confusion
Hello, I am dealing with what looks like a great deal and here are the particulars:Duplex converted from SF Bungalo$170k for property in $180k-200k neighbohoodDownpayment from 401k - average return is 6% normally, but...
Bill Dengler
Confused "Highest and Best Offer"
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
Aaron A.
Confused on BRRR method. Help?
Hi everyone! This is my first time posting after snooping around for a few months. So I bought my first duplex last May and am living in one side and renting out the other which covers about 3/4 of my mortgage (taxes ...
Jay Coombs
Down Payment vs. Equity confusion
Ok, I thought I understood equity, down payments, and purchasing. But maybe not? Hypothetical deal incoming:Purchase price 65kValue 90kDown payment $0 (not counting closing costs etc. it's an example!)LTV: 72%Okay, th...
Mark Sedarous
FIRPTA Confusion as a Buyer
Hello community experts, I am looking at purchasing a condo in which the sellers title is under an LLP registered in Arizona with both the partners being Canadian residents. I am not using a buyers agent and everyth...
Quentin Brown
Starting out and kinda confused
Just wondering what do yall look for when looking at duplexes.
I saw a duplex that is going for 225k in a decent neighborhood. I havent been to the property yet but it looks fairly well from the pictures. Its 4 sided...
Tom De Moya
Armchair Estimation of ARV? Confusion....
Current landlord of two properties (total 3 units) and living in one unit. Getting ready for BRRRR. When running numbers, I am having trouble appraising multi-units and understanding an appraisers strategy when lookin...
Jose Castillo
Investor/Realtor. Please Help. Confused!
Hi Bob, it's Jose. I had a question if you aren't busy. As a wholesaler with a realtors license would you HAVE to advertise with the brokerages name or symbol on you're direct mail that's specifically for your investi...
Jay Ganz
Conventional Loan Confusion - 4+ Mortgages
Hi all. I currently have 4 properties mortgaged and am trying to obtain funding for a 5th property (and so on and so forth), however, something interesting happened when I was going through pre-appoval in that my loss...