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Hard Money pts considered part of closing costs or separate?
Hi folks,
Hopefully a simple question.
I talked to a private lender recently and asked what typical closing costs were. I was told $5-6k, which didn't shock me too much.
Later in the conversation I asked what the...
Turo Tales
Made $150K on our first property. Now what?
My wife and I purchased our first property in 2013 and just closed on the sale after renting it out for 4 years. We made $170,000 on the sale of the house. We want to invest most of it in real estate. I'm an Apache He...
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Subject To - How an Actual Deal Worked - Including the Numbers
Subject To - How an Actual Deal Worked - Including the NumbersHere is how I did it: I was contacted by an investor who hadn’t done any deals successfully. She was a little afraid to make the jump on her own. She inves...
Ryan Boltman
Where are the quality PMs?
Please please please, if anyone has a good PM that is good with communication, sticks the their word and doesn't give up on finding a tenant, keeping the tenant and being a partner please let me know. I am so disappoi...
Nick Seginowich
Bandit Sign Etiquette
Obviously there is some controversy with the use of bandit signs, especially if they're illegal in your city, but I've heard a lot of investors who have put out hundreds of signs a month having great success with it. ...
Joshua Morris
Is This Worth It?
Hello! I'm learning about real estate investing and am very interested in the buy/hold strategy. I've been running some numbers and, I'll be honest, I'm having doubts as to whether or not this strategy is worth the ri...
Nicole Wood
we were Denied....again
well.... we just got denied for another loan...DTI ratio too high for me and my hubby. I'm starting to get discouraged. I wish I would have found this site years ago or read rich dad poor dad. Too many credit cards......
Justin Young
Purchase all cash, refi, repeat. Would that work?
Aloha BP!Exactly as my title states, if I were to purchase a property all cash, then wait for the seasoning period (if there is any), and purchase the next property, are there any setbacks to this? There are a few thi...
Michael Spittler
My landlord sucks...should I buy him out?
Hello BP,So this here is a bit of a complicated question so I thought the best thing to do was to bring it to the forum... Little bit of a back story is in order I think. I operate a brick and mortar business which wa...
Darrel Maxam
VA home loan
I am new to investing in real estate. Can someone help me. I am a veteran. I can use a VA backed loan. After purchasing a property I plan on holding it and using it for short term rentals( Airbnb / home away).
Does a...