Negar P.
Anyway to turn my lemon into lemonade?
Hi all,My husband and I are newbies in investing. Have been reading books and listening to podcasts to educate ourselves before making an investment. However, meanwhile I am having a dilemma! The more I read the more ...
Joe Kato
Buying from a family member that wants to remain living in house rent free?
Well I chatted with a family member that says the mortgage is too expensive to keep paying and they want to sell their 2 family. They rent out half of if and want to remain in the other half, although they would n...
Joe Benyi
Numbers Don't Add Up on Rental Property
After reading through BP's "How to Invest in Real Estate" I decided to run the numbers on purchasing a rental. In fact, it's the townhome I rent right now in the Rice Military area. However the numbers just don't add ...
Chris Kendrick
Flip tax question
So when you flip a house and make profit from it, you basically getting tax alot, like around 40 percent, is that correct? How are all these people flippers making money , i assume that there ARV is really good then t...
Michael P.
60k Prop or 100k Prop? Cash flow vs. Value
Seems to me when I look into buying a 60k house it comes with issues it's potentially on its last leg in a neighborhood that is consistent with the same issues in the same price point.
When going up to 100k you are...
Marshall Hooper
Stress Testing ARMs in case of Interest Rate Black Swan event
I recently closed a wrap-loan with a local bank where I financed a home with a 3 year ARM on 20 year amortization and then sold the home as owner-finance with a 5 year ARM and 30 year amort. Having to this made me cri...
Kendall Smith
San Diego & Inland Empire Market!
How's the market in San Diego/Inland Empire? Anybody who would like to connect/network together? Any suggestions for title companies? Thank you. Peace & Love!!!
Kadisha Ledford
FHA 203k loan and the Conventional Fannie Mae Homestyle Loan
I’ve been talking to a number of Realtors who all have one thing in common, they try to convince me to consider a FHA loan versus a HML. The kinds the have offered are FHA 203k loan and the Conventional Fannie Mae Hom...
N/A N/A
Rental Cashflow/Profit Worksheet?
I saw in a book sometime in the past that had a worksheet to help determine if a rental would be profitable or not. I cant seem to find it.
Does anyone have a worksheet that they use to determine if the numbers work...
Njeri S.
Refinancing Primary Home, Renting it, then Purchasing New One
Hello,My husband and I are thinking of renting out our primary home and purchasing a second. I've read several forums, but I still haven't found an answer to my question. Is it possible to take cash out of the first h...