Mike F.
Bank asking what i'm doing with the funds?
I'm doing a cash out refi and the bank is asking me, "what am I doing with the funds', what is the right/wrong answer to this question?Obviously, they have never heard of BRRRR method. thanks in advance for any insight.
Ricky Lee
Can someone teach me the business?
Hello forum!
I was reading a bit of the posts here and after seeing how friendly and knowledgable everyone was I had to sign up. I'm looking forward to talking with everyone on here, learning and make new friends.
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Jason Mak
California vs. Texas
Starting this thread after reading through the "Austin is Hot" thread. After reading that thread, the Austin atmosphere looks similar to California. I'm a California investor and certainly a dearth of deals out ther...
Antuan C.
Infinite Banking, still a good idea? Evaluate my policy.
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
Nicholas B.
Mortgage Underwriting Guidelines & DTI - (@Bill Gulley)
In another thread, @Bill Gulley and I had a brief discussion on underwriting guidelines. Rather than take that thread off topic, I created this one to hopefully further the discussion. The main contention was whether ...
Imeh Esen
Investors doing poor rehabs for a quick sale
This is really bothersome but to be expected. I just cancelled a contract on a property I was planning to purchase because as time progressed we discovered so many defects on construction. Poor craftsmanship, lazy com...
Cornelius Garland
How often should I get a new list for cold calling, direct mail, texting? With KPIs.
Good day!This has been on my mind to discuss as I get asked this question often. Why is this important? Simply put, you can overspend on your marketing campaigns if you're pulling a new list of 10,000 sellers weekly. ...
Account Closed
Anyone buying in France???
Hello,I am an american living in Paris and I have recently started investing in real estate. I have purchased three apartments in the last two years (in Paris and Marseille) and am looking for more! I have learned a l...
Jestin Sorenson
prospective tenants with high debt to income ratios
I have a couple applicants that are married with a newborn baby. She plans on staying home with the baby. They both have mid 700's on the smartmove application, which I think is really good. They both are college educ...
Tim Porsche
Contractor Only Replace Half of Roof - Options?
Hi All,I have a bit of a situation here and would greatly appreciate any advice on how to proceed. I purchased a rental property back in Spring of this year and decided to replace the roof on it because it's quite obv...