Stephen Stokes
Lumber Futures Pricing Back to Feb 2020 Levels - What to Expect
As we have all been very aware, lumber prices have been on a tare higher since bottoming out in April 2020. This has been impacting everything from new construction, to rehab projects and even quoted as being justific...
Adam Hughes
How did this happen? A look back on 1 year ago...
Friends, I share this story in the hopes that you'll find encouragement and belief in yourself. The other night, like many nights, I was laying in bed letting my thoughts run wild. I've found these thoughts and excite...
Mike Schorah
If someone can't pay a HELOC back, can they renegotiate it?
Or does the house just go into foreclosure?Can't you just add it onto the mortgage that you took it out on?
Eric Ching
How to get your money back from an off market deal
I'm new to Real Estate investing and I have a question about getting a good deal for an off market property. I found an off market deal and we negotiated the price. It needs some rehabs. The seller wants all of it whi...
Henry Stallings
Let help and give back to a Vietnam Air Force Pilot
Hello Fellow Private Investors,I have a client who is a retired Colonel from the Air Force. He has a gross income from retirement, SSN, and rental income of $10k. Mr. Ken Gilmore is closing on commercial property he o...
Lissette Diaz
1st investment home - Family Loan - Seek to ReFinance to Pay Back
Long story short - we received private loan for 107K to purchase our first investment home from my father in law.Looking for options to refinance and pay him back immediately after closing.All the lenders keep telling...
Jose Pad
What tax deductions on rental income are added back to DTI?
I was recently denied refinancing my duplex because I claim too many expenses on my rental income such as repairs, taxes, etc... I was told good lenders add back depreciation. What else can I deduct that won't hurt dt...
Randall Priebe
Help.... Can't get insurance, Can I back out of the deal??
Hey all, I come here for help and maybe someone to tell me not to panic, or to panic. I have purchased a house in Winnipeg, Manitoba Canada. The deal is all done and subject removed. Final closing date is Feb 15th.Th...
Scott Trench
Act Now or Wait? IF Under Contract - Close, or Back Out?
A lot of investors are reaching out to me right now, often those who are currently under contract on a first or second property. Luckily, almost all of the folks I've talked to are in strong financial positions overal...
Ryan Thomas
In the middle of a property purchase--should I back out?
Full disclosure: I am very, very new to all this. I follow the basic rules: buy 1%+ properties, have significant cash reserves, etc. etc. So far I have 2 rentals that have been doing great and are absolute cash cows.
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