Cliff Bailey
New Investor from Southern California!
Hello everyone! My name is Cliff, I'm a new investor from Southern California looking to get started and do some deals!I've been studying the real estate business, reading these forums and listening to podcasts from B...
Brandon Beale
Well crud! Lost my job yesterday.
So. Trying to get started. But it seems like life is just tossing one obstacle after another in my way. Yesterday evening I was informed that I no longer have a job. I think the actual reason behind it has to do with ...
Matt Moore
Getting Closer to 1st Purchase - Can you help validate my numbers
I am looking at a property that is listed at 84,000, 895sq ft, 3/1, block, built in '85 on the MLS. The intention is to buy, hold, rent. There is a tenant with lease until 2/2020 paying $925 /mth. Home has been pa...
Lisa Marie
Rat Infestation Not Disclosed
I purchased an old home to flip via the MLS with an agent. After the inspection report, nothing came back regarding rats or pests. The day I get the house we start knocking down walls and removed the dropped ceiling (...
Jenna Y.
First deal: Estimated Closing Statement from title company (FSBO/all cash): 13% of purchase price. Is this right?
Nine days after opening escrow, I received an estimate (actually the Buyer's Estimated Closing Statement) from our title company yesterday. It was emailed to me same morning the fedex package to the Seller went out. I...
Account Closed
FHA 203k Rehab loan may soon expand to investors
I was just reading that HUD may expand the 203K program to investors.
http://themortgagereports.com/10692/fha-203k-eligibility-may-soon-expand-to-real-estate-investors
Jim K.
C-, D, F-class neighborhoods
How do you draw the two dividing lines between these three types of neighborhoods? Is the A-D (and sometimes F) system in common use for grading neighborhoods the best possible system for those interested in investing...
Louis Zameryka
Under Contract and Mortgage Terms Just Changed
I’m under contract for a condo for STR and I underwrote with a typical mortgage but my lender just came back after my initial approval to tell me that as of Jan this year Fannie and Freddie now consider the developmen...
Dan Illes
The Disaster That is Canadian Real Estate ... and Lessons From It
I wanted to share something that has been going on up here as I believe there are lessons for everyone, and I don’t think this gets coverage at all in the US.
Up here in Canada we have had interest rates increase at ...
Joe S.
Who is investing in their own physical health?
So for the last year or so, I have been thinking more about physical health. I’ll be 50 in less than a year. Overall I do not personally know any active, long-term investors that actually smoke. Maybe they are there I...