Angie Thorn
Short Term Rental Permit Denied by Planning and Zoning
We purchased our first short term rental property on July 3rd in Fox Lake, IL. We did a lot of research in the are and strategically bought in this city since they allow short term rentals per their ordinance. Part of...
Steve Smithy
How to block new development?
I know this is sort of detrimental and not a normal topic, but I am in the opposite corner on this deal.
I live in a VERY residential neighborhood. Everyone has a typical cookie-cutter house with a small yard/garage...
Dwaine Clarke
sub2 question - keeping the insurance
I am putting a subject to deal together and the seller is ready to go.
Seller has a HELOC. I will be taking this over sub2. Putting the house into a trust and(ex 123 main st trust) assigning my company as trustee
Th...
Walter Smith
Wholesaling in PA
I am brand spankin' new and am still figuring things out. I haven't made my first deal yet and am learning gobs of invaluable information here! The forum has been a godsend to me! Is anyone assigning contracts in P...
Katherine Tilley
FHA or Conventional 5% with No PMI
My husband and I are buying a our first two-family house-hack. We have two lenders: one that offers the typical FHA 3.5% down and another local bank that offers a conventional 5% down, both 30 year fixed-rate. The loc...
Adrian Beltran
Best BRRRR Method for beginners?
I am a new investor who is in the education and raising capital phase. I have a question about the BRRRR method. Does it make sense to buy a property with a loan and then rehab it and then refi it after the rehab or i...
Timothy Peck
Paying Contractor in Cash?
Hello. I am doing some excavation work and the contractor has requested to be paid in cash (two payments totaling $7300). It is a small town and I know him so although there is some concern that I will be left with ...
Timothy Nelson
Are no income requirement loans foolish??
I am looking to buy 4 income properties in Kansas City. I was hoping to purchase 240k worth of homes with 120k financing the remainder. I have no proof of income so I understood the 50% down requirement. However,...
Manny Padilla
I’m new to real estate and need help! Thanks
Hello everyone hope you are having a great day I am 17 and about set off on a journey as a real estate agent as soon as I turn 18 in the Irving,TX /DFW area. I was wondering if anyone had tips for beginners. Is there ...
Richard Warren
Senate Reaches Stimulus Deal
The Caped Crusaders of the Beltway got their deal done. The stimulus was "cut" down to "merely" $780 Billion. Crank up the printing presses.
I loved this line from the article: "there appear...