Jeff Joachim
Would you rather be a private lender or own rentals/rehab?
I had an interesting conversation with a private lender the other day. She informed me that she hates owning property. She claims a file cabinet full of notes brings her more joy than a portfolio of investment propert...
Charlie MacPherson
16 Years after 9/11/2001
16 years ago today, I dodged a big bullet. Working as a sales manager covering most of the US and Canada, I would normally have boarded a Monday morning flight from Logan Airport in Boston to fly to work with wit...
Matt Durik
What do you do after giving tenant notice to move and they don't mmove
I have a tenant that I gave them their 30 days' notice to move, and they have no plans on moving. The end of the 30-day notice is soon coming to an end. So, the question is, when I go there on the last day of the 30 d...
Aishah Amina
Co-Wholesaling ediqutte
I am looking to close my FIRST wholesale deal! I decided to co-wholesale simply because I need a mentor through the process. We verbally agreed that we would split the profits. The seller signed the contract in which ...
Cory Adams
60 Day Rule for SD 401k
I am familiar with the 60 day rule as it applies to borrowing and paying back an IRA within 60 days without penalty, but wanted to know if the same applies to a SD 401k?You might suggest a loan from the 401k but I alr...
Desmond Fielding
First Multi-Family House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $305,000
Cash invested: $90,000
My first multi-family property. I purchased with an all cash offer and then ...
Jeff Bridges
Homepath investor offer Help needed
I submitted an investor offer in on a homepath property in MD via the online submitted offer through my broker. My offer was $75k with 7.5K seller concession and 7.5K EMD and it was rejected. Asking price is $104k and...
Derrick Cameron Jenkins
First time purchase. Growing and Learning.
Investment Info:
Condo buy & hold investment.
Purchase price: $400,000
Cash invested: $10,000
3 bedroom condo. Bought to live in while I made the property better. Currently renting out at $600 do...
Kiara Colon
Small multifamily unit in DC
Investment Info:
Small multi-family (2-4 units) buy & hold investment in North Little Rock.
Purchase price: $810,000
Cash invested: $20,000
4-unit complex, purchased with VA loan, owner operated ...
Peyton LaBarbera
EMD with Auction Properties Question
At which point in the foreclosure auction process (Let's say once I am the winning bid on the property) do you have to put down an EMD?And just checking, is the EMD requirement for foreclosure auctions 5% of the total...