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What rates are you seeing in your local markets for things like plumbers, electrician, general or handyman work and painting?Just curious how Covid has impacted prices.Lead times for work have exploded but prices have...
In a market where time is of the essence, how much due diligence should I be doing before an offer and after the offer during the allotted "due diligence" time? More than once now I have missed out on an opportunity b...
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Hi guys, I'm a newbie and i'll probably be asking allot of questions so don't mind me.I'm from Massachusetts , someone told me that in mass if you by an REO you have to hang on to it for 30 days before you can sell it...
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I have my 401k account and I would like to setup my QRA and I like to transfer the funds from my 401k to the QRA. Can the gurus help me and advise how I can setup this QRA account in the right way and how I can use th...
How do companies like Zillow, opendoor, etc benefit from offering fair market value on properties. Im not understanding the logic behind this when you have wholesalers submitting low ball offers everyday.
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I have several properties held in an LLC I'd like to cash-out refinance. I can't go conventional or I'll exceed my allotted 10 properties/name. Is there a cash-out refi product built for SFH being held in an LLC? Havi...
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Hello.
I was just pre-approved for a $250,000 VA home loan. I wanted to share thoughts on the best way to maximize profits with this loan.There are a few caveats/restrictions with the VA home loan.#1: You must live...
want to start flipping houses will do work myself but no funds i own my house worth 90,000 owe 40,000. but just went bancrupt. i have 100,000 in 401k but i cant borrow from it for 2 more yrs as i already have taken a ...
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Hello, I am looking for some assistance. I am currently in talks with a friend who is looking to set up a partnership to start renting out properties in our local area. We are unsure of how hard money lenders work. We...
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From a close friend who needs help:I purchased a SFH earlier this year using a hard money lender, had an appraisal completed at the time and all the numbers checked out.Due to COVID, several properties in that area so...