Christopher Rowan
Delayed Financing Strategy
I just purchased a quadruplex for 340K with a line of credit. With around 40K in rehab I estimate its ARV to be 475K. It is currently fully occupied with leases not ending for another 10 months. My plan is to take a m...
Russell Hoelting
If I have $150,000 of 0% Interest free credit. Can I Get 3% ROI With it Each Week?
I recently learned how to acquire 0% interest free business credit lines by utilizing the 0% interest free introductory period on business credit cards and Business Lines of Credit.How do I let someone use it so I can...
Lou Concepcion
Can I used my paid off house to buy another house ?
Looking for a way to purchase another home. Is there a way I can use my paid off home to access funds for another home ?
Tim Silvers
Cast Iron Plumbing On Flip Property
I am a week away from COE.Buyer's sewer inspection report came up with the following:
"CAST IRON PRESENT: The age of the plumbing system should be taken into consideration. Cast Iron drain and waste lines typically h...
Craig March
House not winterized properly after inspection. Who pays repair?
Purchased an investor owned property. They had it dewinterized for our HUD inspection for a renovation mortgage. All plumbing worked without issue They had it rewinteized on 12/11/18 a week after our inspection. We d...
Dan Krupa
How to save $13,000 on a sewer main repair
Background: Our client bought a fourplex property (two duplexes) two years ago, and an inspection showed the sewer main on one unit was bad. We negotiated the purchase price down by $50,000. Recently, the sewer line s...
Eunice Villarroel
HELP. BEST WAY TO GO ABOUT FINANCING REHAB COSTS
Recently purchased a fixer upper, hoping to do a BRRRR on it. I would like to buy another property this year also. I have 60k in cash at the moment, rehab costs to property would run about 50k . Is it better to borro...
Mauricio Salom
Seller won't budge
I'm working on my first purchase in SD, CA but it seems like sellers in this market are very stubborn. I placed an offer on a SFR listed at $400k. My offer was $390k and i asked for $6k for closing cost. They counter...
Lee Griff
Investing in first house with line of credit or fha/conv loan?
Greeting everyone.I am a newbie interested in real estate investing. I will be purchasing my first home within 4-5 months. I am interested in buying a foreclosure for no more than $30,000 to live in, fix up, then sell...
James Pollock
Best Form of Back Financing
Looking for advice on the best form(s) of bank financing. I have typically been getting commercial loans with a 20 year amortization at up to 80% loan to value. This works fairly well when it comes to holding the pr...