Kelly Cullen
BRRR - Cash out Refi Question
When doing a cash out refi, do they typically give you the appraisal value or a percentage of LTV?I have a property that I purchased and renovated on a LOC and intended to do the BRRR method. Now I am contemplating se...
Michael Campbell
credits toward principle on a lease option
I am trying to work a lease option deal where the tenant buyer gets $200 a month out of their monthly rent to go toward the purchase price of the home once they exercise the option. I have heard that a rent credit can...
Ryan Knutson
Pro's and Con's of starting a career in Property Management
Hello Everyone,I am currently working in RE sales in MN and have been considering making a transition into Property Management. My reason for making the transition is that I eventually want to own single family rental...
Philip Davis
Using a portion of the proceeds of a 1031 to pay an exsiting 1031
My wife and I successfully executed a 1031 (A) by selling one rental property in CA and buying two in VA two years ago. These two properties each required mortgages to be taken. A recent death in the family now forc...
Account Closed
Finding Condos/Apartments off market. How to conduct a deal
Hi Everyone, So I have completed my first step on purchasing my first property, and have been pre qualified for a traditional low money down mortgage here in Vancouver Canada. My budget currently is $400k, which in Va...
Crystal S.
Buying properties in multiple states where is LLC best registered
Hello,I am new to real estate investing, I have been looking into registering my LLC and putting properties under it. My question is if I am buying multiple properties around the country to build my portfolio where sh...
Nick Hawkins
Buying a property with a "Gift of Equity" down payment.
I am buying an investment property from a family member for the $125k that they owe on it. The house appraises for $160k so I'm getting a $30k gift of equity to use as a down payment.
The lender is telling me that...
Brandon Kmiotek
wholesale company or real estate company???
I need an opinion:
Do I create an LLC that is solely for wholesaling such as We Buy Houses LLC or do, I create a general LLC for all real estate services such as Lakeshore Realty LLC? And do wholesale deals under Lak...
Kristine Bertrand
HELP!! I need some advice, or guided in the right direction.
My name is Kristine Bertrand, Realtor in the state of Ohio. I work with multiple investors from all over, i have been trying to inquire "off market" properties (residential, commercial, +100 unit apartment, gas statio...
Jonathan Weinberger
I spent $800K with Own It Detroit -- $20,000 on this rehab. Rate it! (Part 2)
Hey guys, So I received a TON of dm's about my post in detroit. Really appreciate all the comments and thanks for being open and honest. If I haven't responded to you, I'll get to ya eventually. I'm always happy to ch...