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I was just wondering what everybody's education or background is? seems that a large percentage of you folks have some type of formal "business" or finance education, or come directly from the world of Real Estate?
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Hi Everyone,I have a potential tenant who has a 529 credit score, and 6 accounts in collections ($4k total). They earn 3x+ in income, no felonies, no evictions.The credit score would normally mean I would deny the app...
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Purchased a fixer and someone offered me $15,000 more to buy it as is. Since I just closed on the property - how can we get around FHA's 90 day seasoning requirement.
I just did this on another property - bought an...
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I hear a lot about newbies wanting to be mentored and I myself stumbled across an investor who is interested in mentoring me, but my question is why? Besides the goodness of their hearts, why do investors (who must b...
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Hello allI am currently at a fork in the road! I unfortunately was very uninformed/uneducated when I made some decisions in terms of college. Because of that, I now am in 80k of student debt. I know this is asked ofte...
Alright so I'm sure there are a lot of good complete systems/programs that people have developed but if you had to choose one single thing you do that has the biggest impact on your success, what would it be?
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Sean Terry put together a program called Flip2Freedom academy, which is a video/mentoring version of his Flip2Freedom podcast. It's basically detailed step by step wholesaling with lots of motivation. There's not as...
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Most real investors should not buy from realtors unless the realtor is an investor themselves and understand the business. Unfortunately, most seasoned realtors don’t even know how to calculate a cap rate. Even less a...
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Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...