Carlos Romano
Odd conditions on mortgage?
I’m working on a mortgage for a primary home and these stipulations seems very strange…am I being paranoid? I sold a vehicle and paid off a credit card (2500 dollars) to improve my savings and borrowing rate, now the...
Karen Maxwell
Flipping Frank Adams Road Longview, TX
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,000
My partner and I borrowed 100k Private Money to purchase and rehab this property. We went in with a 6 week time...
Joffrey Long
Car You Drive ? vs. Investments You Have ?
Ok, long weekend and a little lighthearted fare:
Real estate investors - what kind of car(s) do you drive? Do you prefer luxury cars? Modest cars? How many drive cars with many, many miles on them? And - if you...
Bakir Ebrahim
100% cash purchase VS 20% down payment on rental property
Hi All,What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.While using the rental caculator, I had to go way down on the purchase price ( to get at least 10%...
Alis B.
LLC Owned Rental Prop Financing Woes (TX)
Beginner's oops! Looking for way to finance my LLC owned rental. I have a fabulous lender and told him we were looking to purchase a rental property. He sent over prequal pprwork. I didn't think to mention that our LL...
David Denzy
Don’t meet income requirement for conventional mortgage
I am a 2020 college graduate and I just started my career as a commercial real estate agent. I am on a team in Columbus Ohio focused on Manufactured Housing. I chose the career as a vehicle to ownership and to learn a...
Miles Smith
What is your standard of determining goals?
Hello everyone my name is Miles Smith, I'm about to be 18 and am going to be an real estate investor. My question is how do you guys determine goals? I am trying to get my goals and time frames set up and want to see ...
Rick L.
How do you haul large items (lumber, appliances, cabinets, etc) to and from your properties?
I'm not at the point where I think purchasing a truck/van to haul supplies (-ie, lumber, cabinets, water heaters, etc) is justified. However, I do need to find a way to haul large items from Lowe's/Home Depot to my p...
Jimmy Rojas
Can i get approved for a conventional loan with a co signer
Hey everyone, I live in Phx,Az and would like to get a loan for my 1st real estate investment (in Phx,az and surrounding), issue is I doubt i could get approved, I been in the car business a while and have about $20k ...
Joel Oh
Write off luxury car under STRs?
Hey guys, thinking about purchasing a car this year and wondering if it is possible to write off a luxury car for their STR expenses.My tax advisor said that I will need to prove this car was used for the business.I k...