Fang Li
Private seller wont accept hard money -- any solutions
Hello everyone!
I'm new to real estate and currently don’t own any properties, but I’ve been learning a lot recently. I’m trying to work with a seller who deals in off-market properties, but they only accept cash or ...
George Gipson III
Wells Fargo Denied me Debt to income ration to high
Ok I have a lot of choices to make here! I live at parents because I just sold home in December and made about 30k profit. Now I also have a paid off rental my dad gave worth about 140k. He collects rent tho! I want l...
Robert Jensen
HUD Bid in California
I am about to place a bid on a HUD property. The agent I am working with is saying I will need to bid about 117% of asking price to win the bid. Is it common to have to bid this high? From what I read 88% of ASKING pr...
Fran Arti
Buying all cash and then finance
Yesterday a somebody told me that he could have bought an apartment building in my city during the lockdown with almost 30% discount because the buyer needed liquidity urgently. This rose up a question in my head. I t...
Julian Pilate-Hutcherson
Opening Business Credit Cards During Pre-Approval Process (BRRRR)
I am in the process of setting up initial purchase and refinancing lending for BRRRR deals in a new, low priced market (avg. purchase price of around $60,000). I plan on opening balance transfer business credit cards ...
William Powell
What's my next move
I own 12 properties. I've cashed out a property to receive a $100k loan/payment. I planned on using the $100k and fixing up 2 properties. My new MTR and my apartment complex. But after finishing the first MTR I'm left...
Lucas Milburn
Tiniest Condo in a Great Location
Investment Info:
Single-family residence buy & hold investment in Breckenridge.
Purchase price: $62,395
Cash invested: $3,000
Ski-In Condo in Breckenridge Colorado.
What made you inter...
Ashley Anderson
HELOC Rates - good deal or find another option?
I am looking to pull equity out of my primary for my first deal (which will be out of state LTR back in my hometown in IL) and my Loan Officer brought back these numbers. I know that interest rates are high, however l...
Stephen Lynch
Sewer main line replacement
Hello,I purchased a STR that was built in 1966 and has cast iron pipes on a crawl space. The tenant moved in and said the water was backing up. I had the line checked / hydro jetted and inside the crawl the pipes look...
Massimo Salerno
Financing for Canadians
Hi all!I approached BMO HARRIS and ROYAL BANK for financing. I have 2 homes with no mortgage on them, one of the homes is rented and I would like to re finance the rented home. The other Home is being rehabbed. Discus...