Jonathan Sikes
How to make money in realestate if the bubble bursts?
Hello everyone,
I'm very curious what strategies people are planning to use, if the housing markets tank again, like in 2009. I know many of you were investing during the last recession and were able to ride the wav...
Deadrick Colbert
Appraisal came back the exact same amount as my asking price
I'm in the process of purchasing a hud home. I thought I was getting a great deal, however the appraisal came back the exact same amount as my offer. The house sold in 2010 for 41k higher than what I offered and it is...
Juan Avalos
no LOANS under $50k - WTF
So my loan officer tells me I'm approves for $150k but I saw this property or $50k duplex and he said he cannot do it because with me giving 25 % down it would only come out to $37500 loan.. is this true all across Re...
Tony Freeman
As-is Sales and what they actually mean
As a new investor, especially in the world of multi-units, I'm sure you have come across a ton of buildings that are being sold "as-is" and are required to write that into the offer that you send over. Although it see...
David Dye
Looking for some help in the Memphis TN Area
Hey guys, I was looking at a few SFR properties in the zip codes of 38108, 38105, and 38111. They are all rented for about $700 and are being offered at about $25k each with deferred maintenance/minor rehab. Does an...
Jon Huber
I have a HELOC, and recovered my cash... do I pay it off or reinvest?
I am an advocate of the BRRRR Method, and I have put this into action this year. I took out a HELOC last year, and got a great rate and am paying interest only for ten years. I used that HELOC to purchase two great ca...
Jennifer Schultz
Replace your mortgage
I recently came across the company Replace Your Mortgage. They advise you on HELOC products, banks that offer them and strategies to pay off your mortgage quickly and to invest in real estate with other products tha...
James Ashley
Do I Need A Lawyer If Not Using Property Manager?
Is this true? I was listening to a podcast and they mentioned that if either you use a property manager or you go solo and use a lawyer. If that's true wouldn't the lawyer offset the cost of the property manager? And ...
Christina Tracy
Creative Funding- Ohio
Hi fellow investors,Looking for some creative ideas here. We have an opportunity for an amazing deal. However, our capital and DTI are tied up in other properties and we don't have the funds/DTI available for a tradit...
Benjamin Barredo
Cap Rates
Is it important to consider Cap Rates for single family rentals? I watched a video where the person doing a rental analysis said that it was only important for commercial properties. True or false?