Hello all. Even though I am not new to being an home owner I am new to real estate investing. I currently own 2 homes in Bay Area California for 10+ years and sitting on $1 million in equity. First home I purchased ...
Found an Ownder Finance deal but found out it has an Agreement for Deed with 2 mortgages due on Nov 15th 2016:$18,500 mortgage due to an individual$34,450 mortgage due to an LLCPaid $55K with $5 down and paying $700/m...
Anyone out there has any experience or results with forensic loan audits?
I know companies that start doing that, but I don't know about any results as it is take a very long time to finish it.
:roll:
I know how is...
I just watched a video online of someone explaining why he would never flip a house. He basically said the reason is because if you flip a house it is considered ordinary income tax + self-employment tax which ends up...
Long time RE investor but new at wholesaling. I am ready to start making offers on REO as well as Short Sales I will be using Double closings where I will do First the A-B closing with Transactional funds and will...
I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
I'd like to pose a question to the group that's been on my mind. I'm probably getting ahead of myself. Part of my plan is to do something like Brandon did and purchase a rental property that will help fund my kids' co...
Hello everyone, we are currently in the process of buying our first home that needs work, we are going with a 203k loan to fix it and have some equity after all is done.We have received our first quote and we want to ...
I have a small 2 BR rental in a great location in Salem ,OR. It's been producing a decent amount of passive income for the last few years which we've been very pleased with. We've received numerous inquiries from inte...
I currently have 3 SFH rentals solely owned (1 in San Francisco Bay Area and 2 in Indianapolis metro area) and 1 apartment building in the Bay Area with co-investors). I have a lot of equity in the Bay Area house and ...