Jake Vayda
Long Distance BRRR Investors: How do you do the money part?
My wife and I are buying our first long distance BRRR in Oberlin, Ohio. The house is 100k and we have 20k saved up. How do you do your loans? I am trying to figure out HOW I should go about this.
- Get a Hard Money L...
Jake Maughan
Condo Conundrum
I've got a real doozy of a deal that I need advice on. Long story short - A relative of mine has gotten into financial trouble and will shortly file for bankrupt. He's moving out of his condo in Springville, Utah an...
Dan Voykin
Converting a 4-plex into an 8 unit, does this make $$ sense?
This is the breakdown of the deal:1. I own a 4-plex (2-1 story duplexes side by side) with a-lot of equity.2. Get a Heloc on my property for a deposit to get construction financing3. Apply for a construction loan to b...
Chuck Brickman
Earnest Money
I've been fortunate to talk with quite a few investors from this site and I often hear that it's not unusual for them to place 4 to 5 bids on houses in a month. Here's my question; if you give 1k, or even $500 earnest...
Reed Starkey
Sandwich Lease Option
@Brian Gibbons @Bill GulleyI recently began direct marketing to find deals to rehab. In this process I found a deal that is probably a great SLO. I admit, I have been so focused on Flipping, that I never took SLO se...
Jacob Lindgren
Appropriate steps to take with renters already in a new property
Hello all, I am considering a property right now that already has a tenant in it. They are under contract until July 2023. From what I understand, they are prompt payers. I am not overly concerned about them and they ...
Sean Gallagher
COC returns, leveraged versus buying all cash
So a good COC return is a lot easier to obtain when using leverage. When purchasing all cash on the same deal it's a lot more difficult to get a similar COC return, the numbers aren't even close. If purchasing all c...
Sanil Subhash Chandra Bose
Simple Guide to Conducting a Title Search: DIY Before Hiring a Title Company
Some of my recent posts on title searches have sparked a lot of interest, so I decided to put together a simple guide to help those of you looking to conduct your title searches. The goal is to give you a practical wa...
Christopher Theder
1031 Exchange into Duplex to Owner Occupy.
I am attempting to house hack and move into a duplex to reduce our out of pocket per month. Should go from 1100-500. So I have a duplex I am actively selling. I have owned it for about 15yrs. Equity is about 60k. ...
Burke Ericson
Repairs prior to 1031
I am getting ready to help my mom sell and then 1031 a property in LA. The current tenants have really destroyed the house and the landscaping, and it really needs work to get it back into good shape. The issue we hav...