Matthew Utt
Im lost and don't know what to do
I have made a big mistake and i think my mentor is trying to take advantage of my situation. I am new very small with only 3 units and only one unit occupied and the and nother 1 occupied but has not paid since July a...
Theresa K.
underwriting guidelines for SFR without stove and light fixtures
Looking to make an offer on a Freddie Mac property that does not have a stove and is missing light fixtures in some of the rooms. Would like to get financing if possible. Local credit union will not do the deal beca...
Manny Martinez
Looking to invest OOS
Im pretty new to the real estate investment game, im a licensed contractor in nyc and actually closing on my first flip next month, i also have a duplex in bought in 2015 which was a great investment paid 450k and its...
Simon C.
Buying second property
Hi all, My question is how/ what kind of loan could I qualify for as a newly licensed realtor with no W2 or full time income?I have built up some equity with my current conventional mortgage on an owner occupied tripl...
Jaime Appel
Looking for a Contractor
Hi All, I purchased a condo in Hillcrest area of San Diego that I'm using as my primary residence for now. I hired a 'contractor' to remodel my master bathroom and closet, as well as demo and level the concrete subflo...
Kyle Gregg
what is the true definition of "Sweat Equity" with a 203k loan?
Ive done research regarding the 203k loan and all ive read is that "the 203k loan prohibits sweat equity"...what are the limits to whats considered "sweat equity"? Research states that if i want to put in some sweat e...
Kayla Birkhead
Financing via a FHA 203k Loan - Any loopholes?
Hi!
My husband and I are learning about opportunities to build a REI business in order to reach financial independence, live on passive income, and build generational wealth. My husband, has work experience in constr...
Raymond Loughlin
Question for New Jersey contractors/home remodelers
I have a three family house in Hudson county that I am remodeling the kitchen, the scope of the work is replacing the old kitchen cabinets, replacing the old galvanized drain pipes with pvc, new pex water lines, bring...
Noel Coleman
Unlicensed & Uninsured Contractors
I walked a property today for a flip with a contractor who I really liked and he seemed like he is really knowledgeable. But then learned he's not licensed and insured. Now I'm really torn, but think it just has to ki...
Lana G.
Rankings of a lunatic
I see so many different methodologies that it's difficult to identify which makes the most financial and situational sense. So here goes...
I've got about 10K cash, excellent fico, great DTI. I earn about 80k betwee...