The house is 20k(I will try to get it for 16.5. rehab 15k. comps in area 65k(not confirmed). I'm thinking pay for the house in cash then take out a loan for 20k. Fix property and flip for 60k. Is this a good deal. For...
Hi everyone,Looking for some advise.I am thinking of selling my 2 rental properties and quit real estate investing (at least in current format). Due to stress of ownership.I have 2 properties managed by a property man...
I am hoping I am in the right forum for this. I have been waiting for two things, one for my older son to move up here from Mississippi and the second is for my credit score to go back up. Welp my son move up here wit...
Happy Holidays!I am a fairly new homeowner (less than 2 years) and haven't began my investment property journey yet. We are interested in refinancing our VA loan if it is worth it. Current rate is 5.75 and credit scor...
Being a Commercial/ Hard money lender has proven to have had its share of difficult times. Like many people one of my biggest objections has been educating clients on what is acceptable in hard money. Yes hard money ...
Here is a little true story that I just learn about couple of days ago...
I live in Studio City, CA and although the word "City" is in the name, it is actually a small but affluent neighborhood in Los Angels. The nei...
I've been looking for my first real estate deal think I found it. It is a 1600sqft duplex. 2/1 on each side without a garage. I have a signed contract at $67,500. I would say B- neighborhood.
I am prequalified for F...
Purchase Price:$60,000.00Purchase Closing Costs:$6,000.00Estimated Repairs:$15,000.00Total Project Cost:$81,000.00After Repair Value:$75,000.00Down Payment:$60,000.00Loan Amount:$0.00Loan Points:$0.00Loan Fees:$0.00Am...
We are in the market to buy our third single family home. We live in Orange County, CA and market is extremely competitive for buying . But since last week I am seeing price drop on lot of properties. I was able to g...
Just wanted to relay a cool story about my wife who has been a broker for about 30 years now and a top producer most of the time.This is why having a license for the very small amount of money it takes to get it and m...