Ryan Sasscer
BRRR Strategy Question
When using the BRRRR (Buy, Rehab, Rent out, Refinance, Repeat) strategy, what kind of loan is the refinance?Is it just like getting a loan for the purchase of a house and thus count toward a maximum number of Fannie M...
Luther Kyrin Creecy
Investing Beginner Help
Is it possible for a novice with no money (less than $1,000) to somehow get started in REI in NY? I'm trying to save but i'm not sure how much I should save towards. I'm not sure if I should start looking into wholesa...
Tristram Coffin
Looking to build a duplex in back yard in a rm1-2, rm1-3 zoning
I am trying to figure out what the law means for a rm1-2, rm1-3 zoning in San Diego. I have a 900 sq ft home with a 300 sqft detached garage. My lot is 5000 sqft and trying to figure out what would be the best bang f...
Michael S.
Deltona FL (Or Other Areas) For Orlando Area Buy and Hold?
I'm interested in picking up a home in the Orlando area (seeking home in the under $140K range with ~1% ratio in an area of potential growth) and will be meeting with a turnkey company that focuses primarily on the De...
Daniel Soovajian
A few financing questions
Hello!I'm looking to get pre-approved for a conventional mortgage and wanted to start by comparing lenders based on the interest rates, points, fees, etc. they're offering. A few questions came to mind as I started to...
James Sullivan
Need help with purchase of condo
Ok, here is the situation... I am trying to purchase a condo for my primary residence. So far, I was declined by traditional financing (portfolio loan) because my DTI ratio was too high, though I have rental properti...
Account Closed
Are hotels always more profitable than apartment complexes?
Common sense, along with my own research, would tell you that a hotel is a more profitable investment than an apartment complex. They are basically the same building, except that hotels charge a higher rate and the gu...
Justin Goodin
What are the returns like in a real estate syndication?
As with most investment vehicles, people are attracted by and curious about the possible returns. By investing passively in a real estate syndication, you can earn two types of returns: cash flow and profit split.
Ca...
Jonathan Newsome
2019-2020 Taxes on Wholesaling
I started wholesaling this year under an LLC. I've been setting aside a percentage of my wholesale checks specifically for tax purposes. I'm also a w-2 earner, being employed by the US Military, which makes me a part-...
Account Closed
Controlled Explosion in Boston Bomber's Apartment
Anyone else watching the news right now with the Boston bomber stuff? They are about to set off the controlled explosion in the kid's apartment. Since its a terrorist related incident I'm pretty sure that won't be c...