Andrew Berardi
House Hack Idea - Need Advice
Hi!I am currently renting a unit in a multifamily house. A few years ago the landlord wanted to sell, but decided not to.Plan A: is to get in touch with a lender to see if I could qualify for a cash loan. In parallel ...
SheenaMichael Dillon
Newbie MLS Wholesale Question
Hi there, we have an offer in on an MLS wholesale deal. We have put 1% Earnest Money to our Title Company in escrow. The contract is for sale currently and we're 6 days out from our option period. Question is, do I ge...
Brandt Heflin
Newbie from Irvine
Hey everyone, my name is Brandt. I am 17 years old and currently just taking my first steps into the real estate investment world. I am interning with @Joe Homs and learning some the in's and out's of real estate. Whe...
Phillip Scalise
What loan to use once you can’t qualify for conventional?
I have a few conventional loans taken out for single family rentals. Now, my debt to income is to high and I don’t qualify for more conventional loans to get my next property. Which is the best loan to take out now? C...
Alex Gallardo
So I found a potential RE Agent. What now...
I found a potential agent to work with, how do I approach him? We met at a REI group meeting and I got his number. Starbucks maybe ? Pretty stupid question but I’m learning.
Shaniqua Dupree
First Deal... Offer submitted (15k)
Here are my thoughts. Am I on the right track? Am i missing anything. Do i need a realtor? I have a title company.Well i have a plan for this home i want to purchase. I submitted my offer today for 15k and was told th...
Kelly A.
12 sfh free & clear, cash out options? Stuck in limbo
Hello all! Frequent lurker here, decided to join in on the conversations. Here’s my current situation.I’ve been flipping homes full time since 2013. In between flips, I’ve purchased 12 SFH with cash. I have 9 of these...
Nicholas Sheridan, Jr.
Multifamily Property Downpayment
I have taken the BP advice and reached out to 15 lenders (of all different sizes) in hopes of finding one who required a lower <25% down payment on a 2-4 unit property but have had no luck. This is my first propert...
Shane Burlingame
Defining the Deal - Investment Criteria
What makes a good deal?I intend on investing BRRRR style in MA. I've run a few analyses on the BP calculators and have learned that high cash flow and the 70% rule are hard numbers to get to. I know these are guidelin...
Albert Yamoah
Wholesaling and the nonrefundable deposits
Concerning wholesaling and the nonrefundable deposit:1.) Why do wholesalers implement these (especially if the deal is a legitimate deal)?2.) How can a new real estate investor convince a wholesaler that a nonrefundab...