David Sirmons
REO dbl close/Quit claim deed and payment.
There's a chance I may be able to avoid using a trans funding company for wholesaling an REO I have a contract on. I was looking at having to do a double close, with trans funding for A to B, which will eat into the p...
Daniel Murray
Bookkeeping Issues with 24 doors and 6 active rehabs...help!
Question for the group. I currently hold 24 doors and 6 of those are active rehabs. I also have a full time job so as you can imagine I am looking for ways to streamline my systems and procedures to save time. I hi...
Gerald Lord
BRRRR or House Hack
I've done a ton of research and my plan was to BRRRR small multifamily properties to get started. I went to a local REI meeting and met some investor friendly lenders and was recommended that I get my credit up to 680...
Alvin Sylvain
Seems to Qualify but Application has Discrepancies -- Reject?
OK, for some of you long-term landlords this is probably an easy one.
I looked at the applicants' pay-stubs and SSI letter, and pro forma, with two jobs, overtime, and SSI, they do make 3x the rent.
My main question...
Anthony Winston III
Paying Yourself First Sounds Crazy!!!
In the past few months I've read numerous real estate investing books. It all started with Rich Dad, Poor Dad. One concept that was discussed, in other books as well, was pay yourself first. I would be considered a hi...
Heather Hall
Converting primary residence to STR due to neighbor noise
Hi Folks, I scoured the boards but could not find previous posts specific to this issue . . . We live in unincorporated San Diego county and we purchased our primary residence 3 years ago. One year ago, a business ow...
McKean Farnell
"I've heard about ChatGPT but I'm not sure how to use it..."
Hey Everyone!
I’m a student at USC studying real estate, and a lot of talk on campus is about how to use AI tools like ChatGPT in the real estate industry.
My questions are for those who have heard about the techno...
Akshay Bhaskaran
Multi-family BRRR Deal
Recently did a single-family BRRR that went smoothly, and wanting to get into multi-family. Recent BRRR was a 2015 built single-family home with just flooring, paint, and other cosmetic rehabs so it was very.Now, we h...
Eryn Garcia
My pickle/real estate woes, help/suggestions
Hi friends!
Looking for help and suggestions- I want to say I have learned my lesson and now know to use a third party to hold funds.
This is my first time working with a private lender/family member. This is my ...
Amy Parra
HELOC question - which should I get?
I'd like to get a HELOC lined up. My bank offers two kinds:Equity Line Plus Interest only Equity Line Plus Principal and Interest- Could someone explain why I would want to use one over another? The explanation for '...